7.18 Bitcoin Market Operation Suggestion Analysis

Bitcoin attempted to break through the 120,000 mark at three o'clock in the morning but failed and pulled back. The price peaked at 119,879 before experiencing a small corrective fluctuation. The current price is adjusting around 118,300. As long as the price successfully breaks through the 120,000 mark and stabilizes, it can look towards the 122,000 area. From the current market perspective, the KDJ three lines are forming a golden cross, and the MACD bullish momentum still needs to increase. In my personal view, the market will likely experience a small pullback before rising again. For market inquiries, contact btc0297.

Bitcoin Operation Suggestion: Enter long positions around 118,300-117,800. Target: 120,000-121,000. Risk Control: 117,300.