7.9 Wednesday Morning Bitcoin Aunt Strategy
Yesterday, Bitcoin rose to a high of 109,000 twice but failed to hold and encountered resistance, indicating that this area has formed strong resistance. Currently, both sides are engaged in fierce competition, and we have entered a stage of fluctuation.
From the daily chart perspective, the price highs show a step-down characteristic. Recent rebounds have failed to break through key resistance levels, and the risk of a technical pullback is accumulating. It should be noted that the current weak rebound does not constitute a trend reversal signal; it is recommended to adopt a short-selling strategy on rallies during the day.
Bitcoin around 1091, target near 1077
Aunt around 2630, target near 2530
