$BTC 7.10 Midday Silk Road

After taking off with the overnight broadcast trend, it started to pull back and fluctuate. The daily level has successfully broken through the key trend line and is stable, with a clear upward shift in the technical structure, indicating a high possibility of trend continuation. However, the divergence in the market situation is worth noting:

Although the daily line closed with a bullish candle, the upper shadow is relatively long, indicating significant selling pressure above, and the short-term trend has shown signs of weakening.

The first pancake is expected to bounce back around 111300-112000, looking towards 110900-110000.

The second pancake is expected to bounce back around 2810-2840, looking towards 2760-2730.