7.15 Pancake Evening Analysis

The hourly Bollinger Bands are simultaneously trending downward, and the short-term downtrend channel remains unchanged, with prices operating along the lower band, indicating a continuous release of bearish strength. The MACD double lines are operating at a low level after crossing the zero axis; although momentum has not expanded, the bearish dominance is clear, and bullish counterattack signals have not yet appeared.

A short position can be taken in the rebound range of 117500-118000, with a stop loss above 118500, targeting 114000.

A light long position can be attempted on a pullback to 113000-113500, with a stop loss below 112500, targeting 118000.

Manage your position well and closely monitor the rhythm of channel support and resistance transitions. #CPI数据来袭 $BTC