7.1 at 8:30 PM

Bitcoin is experiencing volatile adjustments, with potential rebound opportunities near key support levels.

The current Bitcoin price is fluctuating around 106,500. Although it briefly dropped to around 106,200 during the day, it quickly rebounded, indicating that the support below remains solid.

In the short term, key resistance is forming around 10,700. If it cannot effectively break through this level, the market may continue to oscillate; conversely, if it stabilizes above this position, it is expected to rise towards the 108,000-109,000 range.

From market observations, the 106,000-106,300 region has provided support multiple times and has not effectively broken down since June 25. One might consider cautiously entering long positions after a stabilization following a pullback, with a target looking towards 107,500-108,500.

If the upward movement encounters resistance at 107,000, one should be wary of a pullback risk and may consider shorting to look towards 105,500, but operations should be conducted carefully to avoid chasing in the opposite direction.

If the decline continues during the day, pay attention to the opportunity for replenishment in the 104,000-104,500 region, with a stop loss set below 103,500. Overall, although the market has adjusted for two consecutive days, the downward momentum is limited, and it may maintain a volatile consolidation in the short term. It is recommended to flexibly seize interval trading opportunities, focusing on the breakthrough situation at key levels.#Solana质押型ETF #Strategy增持比特币