7.9 Early Morning Strategy Analysis

From the current market situation, the 8-hour Bollinger Bands have narrowed to an extreme, and the market has reached the upper band area. There is resistance at the high point above Bitcoin in the range of 109500-110000, plus Ethereum's daily chart has not broken the recent high, so there's no need to chase long positions.

BTC operation advice: look for a short near 109000-109500, targeting 107000, 106500.