$BTC from a technical perspective.
Channel pullback confirmation.
From the perspective of Chan theory: standard first buy, second buy, third buy. The occurrence can be said that the pullback to 107 on July 5 is the best entry point.
.
From the perspective of order flow: price recovery completed.
Subsequently, the concentrated points of accumulated liquidity above are still above 110,000, extending up to 130,000.
Therefore, if there is another bounce at 110,000 this time, without external news impact, there is a possibility of a breakthrough.
MACD: above the zero axis. Golden cross on the 4-hour level.
The market looks bullish.
.
However:
Tonight there may be a high risk,
On July 9, tariffs are brought up again.
Tonight the US stock market reopens, and the market may react in advance to the possibility of a US stock market crash affecting the cryptocurrency market.
So, for friends choosing to go long,
it's necessary to keep an eye on the market a bit longer tonight.
. Then the current key positions. Look above at 110,000, and still 107 below.
Just focus on these two positions.
