7.11 Morning Analysis
This wave of the market seems to have completely crashed, with a surprise 'big bomb' arriving in the middle of the night, making an astonishing noise! The price of Bitcoin broke through the key resistance level of 1126 and became unstoppable, with 1132 not posing any challenge, soaring to 117500, creating a new historical high!
However, from the current trend, there is a super long upper shadow, indicating that there may be a short-term pullback demand, so it is recommended to prioritize caution.
Recommendations
Bitcoin: Trade in the range of 1168-1173, with targets at 1160, 1156, 1150, and 1143.
Second Bitcoin: Trade in the range of 2960-2990, with targets at 2940, 2905, 2860, and 2765.
