A new month begins, July's perfect flip position
Looking at this month, there is overall resistance at the upper pressure level of 3870. The price trend has already closed the monthly line. In terms of operations, as long as it is under pressure below the resistance level, a short position can be established. Without an effective breakthrough of the upper resistance level, everyone can ensure benefits.
Today is August 1st, which is also the end of this week. The trend is already moving downwards. Everyone should trade according to the trend for a simple and efficient experience. This week, Wu Yang insists on expecting a correction. No long positions; following the trend and direction is the right approach. Ten years in the human world equals one day in the crypto world. Following the right people and the right trend direction is that simple and efficient.
On the daily chart, the upper pressure is quite evident. Everyone should follow Wu Yang for profit. Yesterday, a short position was set at 3860, and the target of 3685 was achieved. The big coin short position is at 118300-500, perfectly directing to 116666 points.
After a strong daytime pullback, the price is bound to have a volatile trend. A short position can be established in the price range of 3720-3750. The big coin short position is at 116300-116500, with targets provided in real-time.
