Morning Thoughts on 7.23

In the morning, the big coin market also reached the ideal price level, breaking through the round number of 120,000. From the 4-hour chart perspective, after reaching a high point, the big coin price began to undergo a market adjustment, but the price has been steadily moving along the upper track of the channel, indicating that the bullish force remains strong, and the overall atmosphere of the market is very active. Although there are slight fluctuations now, it has not changed the overall upward trend. Each pullback has become an opportunity for bulls to re-enter, causing the price to continue climbing. From the hourly chart, the big coin shows a pattern of oscillating upward. Although there was a brief market consolidation during this period, it was quickly broken by bulls, continuing the upward state. The momentum of the big coin market remains strong, constantly driving the price to new highs, making bulls still full of confidence.

Suggestion: Buy the big coin on a pullback around 118,800-118,500, targeting 119,500-120,000.