Evening Analysis on 7.16

Reviewing the afternoon, the main asset continued to rise, breaking through the 119000 resistance level.

The short-term structure is clear.

On the hourly level, the Bollinger Bands show a typical strong expansion pattern:

All three lines are synchronously inclined upwards, with a steep slope, indicating that the current upward trend momentum has not diminished. The asset continues to run closely along the upper band, a feature that usually corresponds to a leading market trend.

The MACD dual lines maintain a parallel upward rhythm, without signs of flattening or turning, indicating that the current momentum is in a healthy release state, with no signs of exhaustion or divergence. The short-term endurance of the leading asset is worth looking forward to.

Therefore,

The main asset can be placed in the range of 108600-108100 for accumulation,

with a target around the 120000-121500 range.

The secondary asset can be placed in the range of 3120-3100 for accumulation,

with a target around the 3180-3220 range.#BTC走势分析