07.07 Bitcoin Market Share:
From the daily MACD and KDJ indicators, Bitcoin still has some room for growth. After the US stock market opens tonight, it is highly likely that the price will experience a surge, but from the daily structure, the resistance at 110,500 is very strong.
Tonight, the understanding king will deliver tariff agreements to various countries at 12:00 PM Eastern Time (Beijing Time 7/8/00/00). Retail investors cannot judge in advance whether the news is bad or good, and what the understanding king will say, so before the news is released, the risk-averse nature of the main force is also high.
I am not optimistic that the big coin can achieve anything today. If there are signs of testing pressure during the evening rise, it may be wise to position a short on 110,500 in advance.