7.22 Dong Yan Daily Strategy
Looking at the 4-hour chart, Bitcoin has certain support around 1160, with multiple attempts to test this level resulting in rebounds. However, the high points are also continuously moving lower, indicating an overall bearish trend. Coupled with the recent significant rise in Ethereum and altcoins, Bitcoin remains relatively stagnant, and the market's bullish sentiment is not high. Today, we will first focus on the resistance breakout at 1197 above and the support at 1157 below.
Bitcoin Long Strategy: Enter at 1160-1165, target 1185/1195;
Bitcoin Short Strategy: Enter at 1190-1195, target 1170/1160. $BTC $ETH #Strategy增持比特币
Looking at the 4-hour chart, Bitcoin has certain support around 1160, with multiple attempts to test this level resulting in rebounds. However, the high points are also continuously moving lower, indicating an overall bearish trend. Coupled with the recent significant rise in Ethereum and altcoins, Bitcoin remains relatively stagnant, and the market's bullish sentiment is not high. Today, we will first focus on the resistance breakout at 1197 above and the support at 1157 below.
Bitcoin Long Strategy: Enter at 1160-1165, target 1185/1195;
Bitcoin Short Strategy: Enter at 1190-1195, target 1170/1160. $BTC $ETH #Strategy增持比特币
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BTC
118,967.17
+0.87%
ETH
3,733.02
-1.32%