07.28 Market Dynamics - Bitcoin Still Faces 4-Hour Resistance at $1,195,000, which is exactly the opposite of last Monday's high. Yesterday's rise tested the resistance level, generating some untested demand around $118,000, so we are watching whether this trend can continue.

If this resistance level is broken, the likelihood of testing $116,000/$117,000 again this week will increase. If the 4-hour closing price is above $120,000, we expect it to reach between $123,000 and $125,000 in the coming days.

The cryptocurrencies with high volatility this morning: KNX, SFP, XTZ.