Morning Analysis on 7.20

Bitcoin initially declined before rising, pulling back to 116788 points and then rebounding to 118456 points. Strong哥's team accurately seized the opportunity, setting up long positions around 117853 in the early morning, gaining 1012 points; in the morning, they entered long positions again near 117523, reaping 778 points.

Multiple timeframes indicate a high probability of range-bound fluctuations over the weekend: the daily chart tests the upper Bollinger Band, the four-hour chart shows a convergence of three tracks, and the hourly chart's long lower shadow confirms strong support. The operational suggestion is to sell high and buy low, focusing on support to set up long positions.

Bitcoin: Go long around 117200, target 119000

Ethereum: Go long in the 3550-3520 range, target 3680#BTC☀ $BTC