7/22 Bitcoin Evening Analysis

The BTC market has today reached the support level of 116, and it has not broken through this level. It directly rebounded to around 119. However, considering the timeline of the trend this week, there is a high likelihood that it will break below the 116 level, and under normal circumstances, it will return to the 113-114 range.

So everyone should pay attention; yesterday it also touched the resistance range of 119-120 before starting to pull back. Today, it has already pulled back to 116 and rebounded to 119 again. On an intraday level, we can focus directly on the resistance line near 120, while below we can monitor the potential drop to the 114-115 range after breaking below 116. #以太坊突破3700 $BTC