Evening BTC Analysis on July 7

After a day of high volatility, BTC's price is running between the lower and middle bands of the Bollinger Bands, accompanied by a narrowing of the Bollinger Bands, indicating a significant slowdown in market fluctuations and entering a narrow oscillation phase. The MACD green bars continue to release bearish signals, but the height of the bars is shrinking, suggesting that the bearish momentum is gradually weakening, potentially brewing a trend reversal. Operational suggestion: Consider buying on dips in the range of 108500-108700, with a target price of 109500. #币 #币圈 #区块链