7.25 Morning Big Pancake Aunt's Market Analysis
In the early hours, the market fluctuated from a low of 118400 to around 119300, then it dropped to around 118200. Currently, it is oscillating in the 118100 range. From an hourly perspective, the market has broken the middle Bollinger Band, and the KDJ indicator is turning downwards. Currently, the downward trend dominates. From a four-hour perspective, prolonged sideways movement will lead to changes; be cautious of one-sided market trends. Pay close attention to the resistance level of 120000 above and the support level of 116000 below. This morning focuses on pullbacks for trading.
Big Pancake can be traded around: 117500-117000, target around 118500-119400.
Aunt can be traded around: 3645-3658, target around 3740-3770. #btc #ETH