Title: Smart Money Retreats – Fed Holds Rates, Bitcoin Corrects, Gold Awaits a Catalyst

Release Time: 10:00 AM, August 1, 2025
Author: Mr. Leon


 

MARKET OVERVIEW

 

1. Stock Market:

  • Vietnam Market: The market continues to face challenges, failing to surpass the 1,500-point mark, which reflects strong profit-taking pressure. However, demand remains supportive as the index pulls back to the MA(20) zone, indicating potential for a short-term recovery. Despite this, the negative impact from the previous sharp decline is still present, making any recovery a test of the 1,536-point resistance level.

  • US Market: The S&P 500 fell 0.4% to 6,339.39, the Dow Jones dropped a significant 0.7% to 44,130.98, while the Nasdaq Composite held near its reference level, with a slight decrease of less than 0.1%. While Microsoft (+4–8%) and Meta (+11%) continued to rise sharply on impressive AI earnings reports, the momentum was constrained by new tax policies on pharmaceuticals and concerns over trade tensions.

2. Forex:

  • EUR/USD: The trend is bearish; short positions can be considered. Daily resistance: 1.15000.

  • USD/JPY: The trend is bullish; long positions can be considered. Daily support: 150.000.

3. Gold:

  • Spot gold is currently at $3,292.18/ounce, remaining stable according to Reuters, but has fallen approximately 1.3% over the week due to a stronger USD.

  • US gold futures also saw a slight decrease of about 0.2% to $3,342.10/ounce.

  • Quick Summary: Gold is fluctuating around the $3,290/oz level, under pressure from a strong USD and the Fed's expectation of maintaining interest rates in the 4.25–4.50% range.

4. Oil:

  • XTI/USD: The trend is bullish; long positions can be considered. Daily support: 69.30.

5. Bitcoin:

  • Current price: Around $115,568, down approximately -2.47% from yesterday according to the financial widget.

  • Sources like CoinMarketCap and TradingView also show BTC fluctuating around $115,560–$115,770, a slight decrease from the previous 118k range.

  • Bitcoin saw a slight recovery, rising about +0.4% to $118,522, but was pulled back down due to the market's reaction to the Fed's policy.

  • Summary: BTC is in a minor correction phase, fluctuating around $115k USD, reflecting cautious investor sentiment after the recent technical rally, while institutional capital remains.


 

RECOMMENDATIONS

 

1. XTI/USD:

  • Trend: Bullish

  • Action: Buy at 69.40, stop loss: 67.40, take profit: 73.40.

2. Vietnam Stock: GSP

  • Recommendation: BUY GSP (August 1, 2025).

  • Entry Price: 12,900 - 13,200 VND

  • Target 1: 14,000 VND

  • Target 2: 15,200 VND

  • Stop Loss: 12,400 VND


 

TODAY'S NOTABLE EVENT


 

DISCLAIMER

 

  • The above opinions represent only the personal views of analyst Leon from Lotus and should not be used as a basis for actual market participation.

  • Lotus provides only technical trading analysis and trading knowledge training for students.

  • Lotus does not represent any securities or asset management company.

  • Lotus does not manage student funds.