7.24 evening BTC



BTC daily line closed with a bullish candle around 118700, the Bollinger Bands continue to move upwards and narrow, while the MACD moving averages are trending downwards and bearish volume is being released, and the KDJ trend is flat.

On the 4-hour chart, the Bollinger Bands are flat, the MACD moving averages are turning downwards, bearish volume is gradually increasing, and the KDJ is also trending down. Overall, bearish strength has increased, and the subsequent market may face some pullback pressure. It is recommended to short at high levels to look for a retracement!

Short position at 119000—119500 above, target 116000, stop loss at five hundred points.

Buy in the range of 116000—116500, target above 119000, with a stop loss of 500 points. #GENIUS稳定币法案#
GT1.49%
BTC1.78%
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