7.22 Midnight Big Cake Aunty Market Analysis

The tug-of-war rhythm continues, with long positions precisely targeted! Bitcoin today is still mainly within the range, starting from a low of 116,500 in the morning and climbing all the way up, peaking around 119,800 before starting a regular pullback for correction. A slight rebound occurred at 117,800, and after reaching 119,300, it has retreated again and is currently hovering around 117,800. The tug-of-war rhythm remains unchanged, and any pullback is an opportunity to enter long positions.

From an overall structural perspective, the current market is still operating within the range of 117,000 - 119,800, and there are no signs of an effective breakout from this core fluctuation range. From a technical standpoint, the Bollinger Bands are in a contracted state, not releasing any obvious volume signals, indicating that the market momentum is relatively stable in the short term, lacking strong impetus to break the range. Currently, daily volatility is maintained at around 3,000 points, which has become the norm. In this narrow oscillation pattern, the main strategy should revolve around 'if the range is not broken, short on highs and buy on lows.'

Big Cake can be targeted around: 117,100 - 116,600, goal: 119,000-120,000

Aunty can be targeted around: 3,730 - 3,760, goal: 3,830-3,870#eth #BTC