July 4th Intraday Analysis

The Bitcoin price rebounded to around 115,000 yesterday; it only showed resistance after breaking the 110,000 line as expected. Subsequently, it continuously declined and has now returned to around 109,000. If it cannot sustain a breakthrough above yesterday's high during the day, Yunheng expects a high-level consolidation. At this point, consider entering positions in batches, and adjust flexibly based on market trends.

From a technical perspective, the overall wide fluctuations are analyzed. The MACD histogram is continuously shrinking, but the daily MACD is still above the zero line. The RSI value is 65 and is gradually falling, currently around 53, indicating short-term adjustment pressure and a need for a pullback. Given this situation, maintain a focus on high positions in the morning. (Defense is crucial)

For the rebound around 110,500—111,000, consider entering positions.

Target around 109,200—108,700.

For the rebound around 2,635—2,600, consider entering positions.

Target around 2,580—2,560.