Analysis of Bitcoin Auntie on Monday, July 21

The current market shows that after a brief pullback in the midnight market, prices rebounded again, and bullish momentum has continued to some extent. However, from an hourly perspective, the price is still oscillating within the middle and lower bands of the Bollinger Bands, and multiple attempts to break the previous high have failed, indicating a short-term consolidation phase while waiting for a directional breakout. Overall structure still leans towards bullish consolidation, but attention should be paid to the possibility of repeated oscillations. Suggested operations: If the rebound does not break the previous high, consider short-term declines; if it stabilizes after a pullback, continue to buy on dips. For now, maintain a range trading approach and wait for effective breakouts to follow the trend.

Trading suggestions:

🌱 Buy Bitcoin near 1175-1169, target around 1189

🌱 Buy Auntie near 3710-3690, target around 3810.

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