$BTC 7.21 Midnight Summary and Suggestions

Looking back at Monday's Bitcoin situation, we are constantly seeking opportunities within the options game. Following the morning strategy, Zhang Heng and his team entered long positions at the levels of 117,100 and 118,200, securing over 2,400 points in profit. In the afternoon, Bitcoin's movement aligned with the strategy, suddenly hitting a peak and then retreating. Zhang Heng perfectly timed a short position at 119,600, capturing 1,000 points. As of now, a total of 3,400 points have been gained from Bitcoin.

From the hourly technical perspective of Bitcoin, recent price fluctuations have been frequent, showing a volatile trend. The Bollinger Bands are flattening, indicating that the price fluctuation range is temporarily constricting, and the forces on both sides are relatively balanced. The moving averages are intertwined, lacking a clear bullish or bearish arrangement, which reflects the market's absence of a distinct trend guidance. However, if the price can effectively break through the middle line of the Bollinger Bands, and the trading volume increases simultaneously, bullish momentum may strengthen, pushing prices upward. Zhang Heng still favors an upward trend. Lastly, it's important to set stop-loss orders to prevent pullbacks.

Suggestion: Look for long positions near 11,700, targeting above 119,500,

Look for long positions near 3,740, targeting above 3,880.