#BTC Ai Yu 7.7 Early Morning Silk Road:

The 1-hour K-line trend of the large pancake and the second pancake shows a heated contest between the market bulls and bears. Currently, both K-lines have formed long upper shadows, indicating strong selling pressure above, and the bull power is dominating the suppression.

Although the MACD indicator still maintains red bars, the bar body continues to narrow, suggesting that the bull momentum is accelerating its decay, and the market's upward breakthrough momentum is significantly weakening. Observing from the moving average system, while the short-term moving averages can provide some support, the key resistance levels remain difficult to effectively break through, indicating a noticeable lack of momentum in this round of rebound.

Large pancake: 109000-109500 bull, target 107200-106300

Second pancake: 2550-2580 bull, target 2480-2440$BTC