7.20 Cake Morning Analysis



Price action tracks BTC in synchronized choppy fluctuations. The upper resistance zone is clear. The bulls struggle to push higher; short-term pullback demand is becoming apparent. The long-term trend has not reversed yet, and in the short term the market is mainly consolidating and adjusting.

Trading idea: After a rebound at 1900-1920, if it holds and shows weakness, go short. Target 1860. If there is an effective breakdown, look toward 1800#夏日创作营
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
NetExposureSea
· 07-20 02:34
Analysis is in place: resistance around 1900 is clearly evident, and a short-term pullback is likely. Short positions have already been set.
View OriginalReply0
  • Pinned