7.9 Wednesday Morning Market:
The market fluctuated from around 108000 to 109100 before retreating to around 10600, currently oscillating around 108800.
The overall market maintains a range-bound oscillation. The daily K-line shows a reduced volume and is bullish, with attention to 109200, 110500, and 112000 above, and 106600, 105500, and 104000 below. From a four-hour perspective, the volume is increasing, with attention to around 109500 above and 108400, 107500 below. From an hourly structure, Bitcoin shows reduced volume, with attention to 108500 and 107800 below.
Morning:
Around 108600-108300, looking towards 109300-109600 is sufficient.
Around 2590-2570, looking towards 2635-2655 is sufficient.
