Xiaoyao KOL: Bitcoin Afternoon Market Analysis 7.29

Currently, the daily chart for Bitcoin shows that the recent price fluctuates between 118,000 and 119,800. On July 28, a long upper shadow appeared, indicating heavy selling pressure above. The 4-hour chart has formed several small rebounds followed by declines, with high points gradually decreasing and low points slightly rising, presenting a converging triangle consolidation pattern. The DIF and DEA are close to merging, the histogram is shortening, and momentum is weakening; the daily chart is still below the zero axis, with sellers in a dominant position. For today, it is suggested to sell at high positions.

Operational suggestion: Sell Bitcoin near 119,000 to 119,500, with a target around 117,500; for Ethereum, sell near 3,810 to 3,840, with a target around 3,720. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should prioritize real-time guidance: #上市公司加密储备战略 $BTC