July 19 Afternoon Review

From the daily chart, although Hangqing is still on an upward trend, the buying power is decreasing. On the 4-hour chart, the previously declining strength is also diminishing. After hitting a low, it rebounded for two days, but today it is again moving downwards. Pay attention to the position of 118500 above, and further up is around 119800. On the 1-hour chart, the buying power is gradually strengthening and has started to surge upwards, initially targeting the position of 118900.

Suggestions:

Bitcoin: In the short term, if it reaches between 118500-119000, consider selling; if it drops to between 118000-117500, consider buying.

Altcoin: In the short term, consider buying between 3550-3520, with a target of 3600-3620; if it doesn’t rise and instead falls, then consider selling.