7 月 22 日，据 Cointelegraph 报道，随着比特币在上涨至 12.2 万美元过程中已消化大部分明显的卖压流动性，分析师 AlphaBTC 警告称，比特币价格可能会短暂下探至 11.5 万美元，测试支撑位。
比特币的流动性热力图显示，订单簿已为此做好准备，买单集中在 11.5 万至 11.61 万美元之间。

<div><p>7 月 22 日，据 Cointelegraph 报道，随着比特币在上涨至 12.2 万美元过程中已消化大部分明显的卖压流动性，分析师 AlphaBTC 警告称，比特币价格可能会短暂下探至 11.5 万美元，测试支撑位。</p><p>比特币的流动性热力图显示，订单簿已为此做好准备，买单集中在 11.5 万至 11.61 万美元之间。</p></div>

分析师：比特币可能短暂下探至11.5万美元测试支撑位

On July 22, according to Cointelegraph, as BTC rises to $122,000 and has absorbed most of the apparent selling pressure liquidity, analyst <AlphaBTC> warns that BTC price may briefly drop to $115,000 to test support levels.

BTC's liquidity heatmap shows that the order book is prepared, with buy orders concentrated between $115,000 and $116,100.

<div><p>On July 22, according to Cointelegraph, as BTC rises to $122,000 and has absorbed most of the apparent selling pressure liquidity, analyst AlphaBTC warns that BTC price might briefly drop to $115,000 to test support levels.</p><p>BTC's liquidity heatmap shows that the order book is prepared, with buy orders concentrated between $115,000 and $116,100.</p></div>

Analyst: Bitcoin may briefly drop to $115,000 to test support

Following the controversy surrounding Fundstrat's Bitcoin views, co-founder Tom Lee responded, stating that the "contradictory predictions" seen by outsiders were actually research conclusions from different positions and timelines, not internal disagreements. Previously, Sean Farrell, head of digital asset strategy at Fundstrat, suggested that Bitcoin might retrace to the $60,000-$65,000 range in the first half of 2026; while Tom Lee believed Bitcoin could reach new highs, even surging to $200,000 as early as the beginning of 2026. A Fundstrat...

Tom Lee responds to Fundstrat's "contradictory" views on Bitcoin: Different positions, different timelines, not internal disagreements.

Next Week's Key Preview

December 22nd

Aster: Phase 5 airdrop will begin on December 22nd and last for 6 weeks;

Espresso will open airdrop registration on December 22nd;

December 23rd

The U.S. Bureau of Economic Analysis will release third-quarter GDP data on December 23rd;

December 24th
U.S. and European stock markets will be closed for Christmas, and whether a "Christmas rally" will materialize remains uncertain;

The U.S. will release initial jobless claims for the week ending December 20th;...

Must-watch items next week: US Bureau of Economic Analysis to release Q3 GDP data; Aster launches fifth phase of airdrop (December 22-28).

Source: Galaxy Research
Translation: Jinse Finance
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakout after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged liquidations, and the actions of whale...