#MyStrategyEvolution ### Current Price:
- Bitcoin is currently trading around **$117,840 - $117,952**.
### Expected Trading Range Today:
- **Key Resistance**: at **$118,000 - $118,240**, with difficulty breaking this level without strong buying momentum.
- **Immediate Support**: at **$116,500 - $117,000**, a level that has seen previous rebounds.
- Expectation: Fluctuation between **$116,500 and $118,000** with a weak sideways trend.
### Influencing Factors:
- **U.S. Regulations**: Discussion in Congress (July 14) regarding three regulatory bills for cryptocurrencies, enhancing investor confidence.
- **Technical Sentiment**: "Strong Buy" indicators in the medium term, but short-term overbought conditions may cause slight selling pressure.
- **Institutional Demand**: Continued support from major companies (like "Strategic") for Bitcoin as an investment asset.
### Closing Expectations:
- **Neutral Scenario**: Closing near **$117,500 - $118,000**, with relative stability before legislative events.
- **Positive Scenario**: If $118,240 is breached, it may rise to **$118,800** (near the historical peak).
### Summary:
The price faces strong resistance at $118,000, but positive regulatory factors prevent a sharp collapse. The most likely expectation is trading in a narrow range with the potential to test resistance later. It is advised to monitor news regarding U.S. legislation and market awakening$ETH