The evening trend of Bitcoin on July 26, after a midday fluctuation that did not lead to a market movement, continues to look bullish in the evening.

From a technical perspective, all indicators are releasing positive signals. First, looking at the daily chart, Bitcoin's price is firmly above the 5-day and 10-day moving averages, with the moving average system showing a bullish arrangement, indicating a solid short-term upward trend. Moreover, the MACD indicator's fast and slow lines are above the zero axis, and the red momentum bars are gradually increasing, demonstrating that bullish strength is continuously enhancing, with strong upward momentum. Now let's take a look at the KDJ indicator, where all three lines are in the strong zone above 50 and continue to diverge upwards, showing that Bitcoin is in a strong bullish market.

From the 4-hour chart, the price is climbing along the upper track of the Bollinger Bands. Although there have been some small pullbacks during this period, the extent of the pullbacks is minor, and each time the price pulls back, it finds support near the middle band of the Bollinger Bands before rising again, indicating strong support below. Additionally, during the pullback process, trading volume is gradually shrinking, suggesting that selling pressure is not heavy; once the pullback ends, there is a high probability that it will continue to rise. Furthermore, the RSI indicator is also operating in the strong zone above 50, further validating the current bullish trend.

Continuing to look bullish. The trading suggestion is to look for buying opportunities after a pullback near 117000-117400. After entering the market, our first target can be set around 117800, which is a short-term resistance level; if it can break through smoothly, the upper space will open up, and the second target can be around 118300. The strategy hopes to provide help to everyone. Wishing you a bountiful harvest. #BTC☀