July 29 Analysis at Dawn:

Yesterday's high-altitude strategy has been validated, yielding significant profits. The current daily chart of Bitcoin shows a gradual rebound in coin price after the sharp drop on July 25, currently oscillating at a high level. Yesterday's candlestick had a long upper shadow, highlighting strong selling pressure above, and there have been consecutive bearish closes, indicating short-term adjustment pressure. The MACD histogram is shrinking; although the fast and slow lines are above the zero axis, there is a downward crossover trend, and momentum is weakening. This evening, a pullback to a high level may provide an opportunity for short positions to enter.

Operating Suggestions

Bitcoin in the range of 119,000-119,500, with a target looking down to around 116,600-117,100.

Ether in the range of 3,840-3,870, with a target looking down to around 3,680-3,710. $BTC $ETH #币安HODLer空投TREE #BNB创新高 #Strategy未增持BTC #ETH重返3800 #美国与欧盟达成关税协议