7.10 Big Cake and Second Cake Midday Market Analysis

The daily line surged with increased volume, encountering a liquidity dense zone at 113000, lacking accumulation makes it hard to break resistance, and a deep pullback is expected after the rise. The four-hour channel is narrowing, with prices under pressure on the upper track and a weak downward trend, trading volume is sluggish, moving averages are flat, and short-term oscillation is falling back. The one-hour chart has broken the channel, establishing a downward pattern, with a gradual rhythm of recovery, and frequent changes in trading volume. Strategy: Focus on high volume, seize pullback opportunities.

Operation Suggestions:

Bitcoin around 111000-111500 volume, short-term target at 108500, long-term target around 105000.

Second Cake around 2770-2790 volume, short-term target at about 2680, long-term target around 2400. #BTC走势分析 $BTC $ETH