#Crypto Circle July 20th Sunday Bitcoin Aunt Morning Silk Road Analysis
Weekend trading is coming to an end, and there are signs of continued bearish momentum following Friday evening's decline. The market signals are worth paying attention to:
Four-hour level: Minor dips, trend is clear
The market has seen four consecutive minor dips, although the amplitude is slow, the rhythm is very stable. High and low points are moving down synchronously, and trading volume is increasing, strongly continuing the downward trend within the day, with clear bearish dominance.
Hourly level: Consolidation preparing for a drop
The range of fluctuations is clearly moving down. The small-scale fluctuations seem to be “grinding,” but in reality, they are the bears gathering strength—current consolidation is all laying the groundwork for the subsequent decline, and there is still space for bearish momentum in the short term.
BTC (Bitcoin) Strategy
- Short entry: 118000 - 118300 range
- Target: Looking down to 116800
ETH (Aunt) Strategy
- Short entry: 3610 - 3630 range
- Target: Looking down to 3500
