#7.7 Morning Bitcoin Strategy Analysis

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Although BTC's price once surged briefly, it couldn't sustain that momentum. Currently, the price is above the middle track, yet the upper track's resistance is evident. There is a potential trend for a pullback to the middle track, narrowing of the range, and a downward breakout. The MACD indicator shows that although the current value is still positive, the length of the bullish bars has shortened, indicating a weakening of bullish momentum. If a death cross forms, the bearish forces may be unleashed. The KDJ indicator has turned down from high levels, and an adjustment signal has appeared. Once the death cross is confirmed, the likelihood of a price adjustment in the short term significantly increases. Overall, the current bullish momentum is insufficient, and the technical outlook presents a bearish pattern. The morning suggestion is to continue to adopt a high short strategy as the main focus.

BTC Recommendation: Around 109500 🈳 Target 108000

ETH Recommendation: Short around 2575 Target 2500

Seize the profit, it only takes a week. If it is difficult to judge market trends and short-term trading operations are not smooth, please pay attention to professional guidance to receive hands-on teaching support. #币安钱包TGE #币安Alpha上新 #非农就业数据来袭 #美国加征关税 #MichaelSaylor暗示增持BTC $BTC $ETH $XRP