Analysis on the morning of 7.27
In the evening, the Bitcoin fluctuated narrowly between 117700-118300, with a balance between long and short positions.
The hourly Bollinger Bands show: the upper band is flat, restricting upward movement, while the middle and lower bands are inclined upwards, strengthening bullish support, and the lower support level is rising; MACD is close to the upper band, with bullish dominance, gathering strength for a breakthrough.
Operational Suggestions:
• Bitcoin: Layout long positions between 117600-117000, target 118600, and if broken, further to 119600.
• Altcoin: Layout long positions between 3680-3640, target 3750 and if broken, further to 3800$BTC $ETH .