#BTC

On July 25, the daily level dropped to 115,000 and formed a daily hammer candlestick, which is the best representation of a bullish trend. The daily Donchian channel is also operating in the middle to upper band, continuing the strong bullish movement.

However, if it touches the top of the range again in the short term, at 120,600-121,600, and cannot break through, it will continue to oscillate within the range. The lower support is around 118,500-117,500, which has been a stable closing position in recent times, with buying pressure being relatively concentrated!