$BTC Ai Yu 7.7 Morning Silk Road:

From the 1-hour technical pattern observation, the Bollinger Bands show that after rising, it encountered resistance and fell back. Although it remains above the middle band, the upper band is forming strong resistance, and the Bollinger Bands show signs of gradually narrowing, suggesting that the price may approach the middle band, posing a potential risk of downward breakout.

The MACD indicator is currently in the positive zone, but the red bars are continuously shortening, indicating that the momentum is rapidly diminishing. If a death cross forms subsequently, the bullish momentum may experience a concentrated release. The KDJ indicator has shown a clear downward turn at a high level, releasing short-term adjustment signals. Once a death cross occurs, it is expected to accelerate the adjustment process. Based on a comprehensive technical analysis, the current bullish strength is significantly weakening, and the bearish signals are becoming increasingly clear. Today's morning operational strategy remains primarily focused on a bullish approach. #BTC

Big Pancake: 109200-109500 bullish, target 107500

Second Pancake 2580-2610 bullish, target 2500