7.10 Afternoon Bitcoin Market Analysis

From the current trend, in the four-hour chart, after a significant bullish candle, there have been two bearish candles indicating a pullback, and the price has fallen below the upper Bollinger Band. The KDJ indicator's three lines have turned down from a high position and are gradually converging, initially forming a death cross. Overall, the market is shifting from a strong to a weak position. The afternoon trading suggestion is to focus on selling high.

Bitcoin: Sell around 111500, 112000, targeting 109500, 108500. Be sure to set strict stop-loss levels! $BTC