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7.3 BTC market analysis
BTC, after a significant surge yesterday, has today retraced to a low of 23.6%.
From the daily chart perspective, after reaching the previous high of 111959, BTC has been fluctuating in the 10W-11W range.
Currently, there is hope for another push towards the 110000 level. However, from the perspective of multiple time dimensions and the resonance results of various indicators,
The MACD bullish momentum is insufficient, and it may further pull back.
Entering the Silk Road
Enter near 109000, target 108000.
[If it breaks through the 110,000 level with volume, stay on the sidelines]