7.29 Tuesday midday BTC trading strategy

The road to success is not crowded, because there are not many people who can persevere until the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of persistence that brings you one step closer to your dreams.

Currently, the overall structure of the market continues to follow the rhythm of oscillation and repair. Although the current unilateral trading volume has not been effectively released, the recognition of the support zone below is relatively high. Observing from the daily structure, there was a direct breakout action previously, and from a purely structural perspective, there is still some room for adjustment in the local area. The core focus going forward is to clarify the specific location of stabilization. It is important to note that the current pullback space has strong elasticity, and the direction of the trend reversal is crucial—whether it will quickly rebound and recover, or turn downward in a declining pattern, is a key point that needs to be confirmed in the future. From the performance of smaller cycles, the high-level pullback process has already shown weak characteristics. The midday strategy suggests attempting short-term trades to explore rebound continuation opportunities.

Trading strategy for white盘
Buy near 118000, target 119500
Breakthrough at 120000#BTC