7.20 Early Morning Analysis
Looking back at yesterday, the major cryptocurrency exhibited narrow fluctuations over the weekend, with a movement range of no more than a thousand points. The 1-hour level is in a downward trend and is influenced by lower liquidity over the weekend, resulting in an overall tendency for sideways fluctuations.
Currently, both the 1-hour and 4-hour charts are showing sideways movement, suggesting that everyone should consider buying on dips.
Operations
Major Cryptocurrency: Around 118400-109000, target 107000-107500
Second Cryptocurrency: Around 3580-3600, target 3500-3520