7.19 Morning Analysis of Bitcoin

Yesterday, the market experienced a sharp pullback, with Bitcoin and Ethereum both facing a drastic decline. Currently, the market is in a phase of consolidation. After the risk was released from yesterday's pullback, this morning may welcome bullish rebound momentum, and it is recommended to seize short-term long opportunities.

Bitcoin can be positioned for long orders around 117500, with targets aimed at the 118500-119000 range. $BTC