7.21 Midnight Big Pie Aunt's Market Analysis
The intraday BTC trend is similar to yesterday, fluctuating around 118000 during the day, with bulls pushing it up to 118800 in the evening, then retreating under pressure to around 118200.
Currently, the overall big pie is undergoing oscillation and correction, with a triangle convergence pattern in the four-hour chart, nearing a directional choice. On the hourly level, after a four consecutive bullish candles in the evening, the momentum weakens, and the bullish energy is exhausted, suggesting a possible pullback in the future. The bearish outlook remains unchanged at midnight, and one should look for opportunities to sell high.
Big pie can be traded at: 118800 - 119300, with a target of 116900 - 116100.
Aunt can be traded at: 3790-3820, with a target of 3690-3650 #btc #ETH