$BTC Ai Yu 7.7 Afternoon Analysis:

Today's strategy focuses on the key resistance level of the upper Bollinger Band at 109600 on the four-hour timeframe. From a technical structure perspective, this level is both a dynamic resistance zone of the upper Bollinger Band and a key level where the recent Hangqing has encountered resistance multiple times, forming a strong boundary for market speculation.

If there is a strong breakout and the price effectively stabilizes above 109600, it indicates that the bullish forces dominate, and the resistance of the upper Bollinger Band is invalidated, allowing Hangqing to potentially open an upward range. At this point, one can decisively follow up with long positions, targeting higher resistance levels.

Conversely, if there is a rebound near 109600 without an effective breakout, with a long upper shadow and accompanied by shrinking trading volume, it indicates strong resistance from the upper range, providing an opportunity to short at highs. The lower support level can serve as a target point. It is recommended to combine K-line patterns, changes in MACD momentum bars, and volume indicators for verification, strictly set stop losses to guard against false breakout risks, and respond flexibly to market fluctuations. #BTC