7.19 Big Pie Aunty's Evening Thoughts

The market fluctuated little during the afternoon, with prices currently hovering around 118200 in a narrow range. The forces of both bulls and bears are temporarily balanced, with neither side gaining a clear advantage.

From an hourly perspective, the three lines of the Bollinger Bands are in a 'converging parallel' state—the distance between the upper, middle, and lower bands is gradually shrinking, and the trend is also tending towards parallel. This pattern usually indicates that market volatility will converge in the short term, and the market is likely to enter a relatively stable consolidation period.

Personal Suggestions

Big Pie: Enter at 118500-119300, looking towards 117500-116800 nearby $BTC

Second Pie: Enter at 3580-3620, looking towards 3520-3480 nearby

119000