7.23 Afternoon Analysis

From the current perspective, after breaking through the peak point in the early morning, it has entered a reasonable adjustment phase, which is completely within expectations.

The current consolidation and correction at the peak level is actually accumulating energy for the upcoming momentum, and the technical foundation is therefore being solidified. Currently, all recovery actions still belong to the category of adjustments and cannot change the overall trend, while the strength and timing of the subsequent second peak will become the core focus. In the short cycle, the correction stage is gradually taking shape. As a reference, there is temporarily no visible top, and the upper range still holds promise.

Suggestions

Big Cake: Around 118200 - 117700, aim for 120000;

Second Cake: Around 3680 - 3650, aim for 3750 - 3800

#BTC走势分析