Xiaoyao KOL: Bitcoin Midday Market Analysis 7.22

Currently, the daily level of Bitcoin shows that the recent price is in a downward trend, with consecutive days of closing in the red, and both highs gradually lowering and lows continuously testing lower positions. During the 4-hour period from July 21 to 22, a slight rebound was formed before falling again. The high did not break through the previous resistance level of 119,500. The MACD histogram continues to show negative values, and the fast and slow lines are diverging downwards, indicating that the bearish momentum is dominant. The daily level MACD also shows a death cross, with weakening momentum. The 4-hour RSI is at 42.3, close to the oversold area but has not yet entered it, suggesting a potential technical rebound demand in the short term. The daily RSI remains between 40-50, overall skewed to the weak side. It is recommended to enter positions at high levels today.

Operational Suggestions: Enter positions for Bitcoin around 117,000 to 117,500, with a target near 115,500. For Ethereum, enter around 3,690 to 3,720, with a target near 3,600. Market conditions are constantly changing, and the article is time-sensitive. Friends looking to enter should focus on real-time guidance: #稳定币监管风暴 $BTC