7.20 Pancake Midday Strategy Analysis $BTC

The weekend market continued the previous pattern of narrow fluctuations, showing overall stability. From a daily perspective, all technical indicators have released pullback signals, so the intra-day trading strategy should focus on looking for pullbacks after rebounds. It is expected that the market will continue to maintain a small range of fluctuating trends. The trading strategy can maintain a rhythm of selling high and buying low.

On the daily level, key attention should be paid to the short-term resistance levels at the upper range of 119000 and 118500, while the support area is looking towards the range of 117000-116000.