Friday Morning Analysis for 7.11

Last night, I directly took 150 points from Auntie. From the current market situation, there is a strong release momentum presented from the start. This is after the early morning rally; I anticipate that the morning will fluctuate in the range of 116,000 to 115,000. The next wave of unilateral rise will be accompanied by a slight pullback. Therefore, we do not need to blindly chase the rise; waiting for a pullback before making a rebound is also a good opportunity. From the hourly chart perspective, we have entered the oversold area, so be cautious of a significant pullback in coin prices.

In the morning, we will focus on capturing pullbacks.

Bitcoin Strategy: Around 116,200, target near 115,000

Ethereum Strategy: Around 2,970, target near 2,930 #BTC再创新高