July 21 Morning Bitcoin Strategy Analysis

In the early morning, Bitcoin's breakout momentum was clearly insufficient, and it even retreated from the 118800 level, reaching a low of 116300. The current price is consolidating around 117300.

Operational Thoughts:

The current price is still within a low volatility range, and we can continue to look for pullback opportunities, mainly adopting a low long strategy.

Specific Strategy:

Gradually establish long positions near the pullbacks of 116800 and 116300, with targets set towards the 117800 and 118300 levels.

Suggest setting a stop loss below 116200, and pay attention to position control to prevent risks from rapid breakdowns.