Discuss today's thoughts (July 8)
The market is fluctuating at a small scale, with high-level oscillations showing neither pressure nor persistent buying strength, leading to free market fluctuations and narrow range oscillations.
It is important to note that near the small support level around 107200, observation is required; if this level breaks, it basically confirms that the major currency will need to re-fill the range of 105500-105800 to further extract liquidity.
Notably, if the market encounters extreme news impact or strong selling pressure, it could lead to a rapid collapse of the coin price and quickly re-fill the range around 102500 in a short time.
Overall, all three positions can be tested for buying; breaking any position can also be transformed into a small short position on the right side without issue.👌