7.2 Initial Evening Thought Analysis

After two consecutive bearish candles on the hourly chart, there was a brief breakout above the middle band of the Bollinger Bands, but it could not form an effective continuation. The lower band remains tilted upwards, releasing a short-term signal to stop the decline, while the Bollinger Bands are continuously narrowing, with the market gradually shifting into a weak volatility phase. Although there is a breakout pattern on the four-hour level, every upward attack is accompanied by a quick pullback, and the volume indicators show insufficient bullish continuation, with the key resistance level being persistently unbroken. In the evening operation, it is still primarily focused on high suspension participation.

Bitcoin: Short at 107600-108100, target 105500-106500