7.25 Friday Morning Bitcoin Aunt Analysis
From a technical indicator analysis, the current market shows a sideways consolidation pattern. The MACD indicator's fast and slow lines continue to converge, indicating a lack of clear direction in the market. The one-hour K-line shows five consecutive bearish candles, breaking below the middle band of the Bollinger Bands, with short-term bears in control, and the moving average system also shows weak signals. However, considering the characteristics of the previous trend, prices are expected to remain within a range of fluctuations. Morning trading suggestion: Before the price breaks through the current fluctuation range, maintain a high sell and low buy operation strategy within the range.
Operation suggestions:
🌱 Bitcoin 1187-1192 range for short, target around 1165
🌱 Aunt 3700-3720 range for short, target around 3560
