7.11 Bitcoin Aunt Market Analysis

In the early morning, the bullish momentum once again commenced, with a spike reaching the 117500 level, resulting in a significant increase of over 4000 points. It has since retraced and is currently trading around 115700.

The current market clearly demonstrates the extreme control of bulls, achieving nearly a 10,000-point rise in just three days. As mentioned in the early morning analysis, there are no strong resistance levels above, and the space has been completely opened up, making this morning's upward movement expected. The daily chart has recorded three consecutive bullish candles, with increasingly solid bodies and trading volume rising in tandem with prices, achieving a simultaneous increase in volume and price. The hourly chart displays an almost step-like upward trend, with the range of increase continuing to expand. It is expected that the daytime will experience fluctuations and adjustments as usual, with not much volatility, and the outlook remains bullish.

Bitcoin: Buy around 114800 - 115100, target at 117000

Aunt: Buy around 2860 - 2890, target at 3000#BTC再创新高