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7.24 Afternoon Analysis
Looking back at the morning, Bitcoin ↑ encountered resistance at the 119300 line, quickly retracing to the 118100 area, showing signs of fatigue in momentum.
From the hourly Bollinger Bands view, Dian Wei has 📉 broken the middle track support, and the current three lines are extending horizontally in parallel, highlighting the characteristics of short-term range consolidation.
After the middle track is lost, Dian Wei oscillates below it, suggesting that the chrysanthemum face is temporarily dominated by the power of the cone head. The short-term trend will continue to oscillate within the range.
The pancake can be arranged near the range of 117800-117000.
The target can be seen around the range of 119500-120500.
Just reach and turn back the kite.
The two cakes can be arranged around the 3600-3570 range.
The target can be seen around the 3680-3720 range.