Mu Yang 7.2 Morning Bitcoin Analysis

• After the US stock market opened and Powell's speech, the market first rose and then fell, with Bitcoin (the big cake) reaching a high of 107140 and a low of 105578.

Market Analysis

• Currently, the market is experiencing wide fluctuations, with a short-term key support level at 105500 and a rebound resistance level at 107500.

Morning Operation Suggestions

• Big Cake: Consider selling on a rebound to the range of 106300-106800. If it breaks down, look towards the 104500 area, where you can consider buying.