7.18 Friday

Good evening, everyone!

The market fluctuated at a high level throughout the day, but Bitcoin still couldn't stabilize above 120,000. The rebound has retraced near our first target of around 1210. Auntie mentioned during the Silk Road talk at noon that the pullback is a good buying opportunity around 3570, and it is also under pressure at around 3670, which is similar to Bitcoin's retreat. If there is no significant market movement early this morning, then the weekend will again be time for grid trading.

The current pullback target for Bitcoin is initially around 1172-1170. If it breaks this level, look for a low buy near 1160, with a stop loss around 1150-1148. For extreme conservativeness, consider defending near the stop loss area to catch a rebound. The upward targets are initially around 1200-1210, and if it breaks through, then look for 1220 and the previous high.

The concubine has currently bounced back slightly after the pullback at dawn, first looking at the area around 3580. It needs to close above this level to continue moving upwards; otherwise, it will test the previous low support around 3530-3510 again. If it breaks this level, it will look for a rebound around 3480-3460, with defense set around 3440-3420. For stability, it’s still recommended to defend at the support level. The initial upward target is around 3580-3620, and if it breaks, we will then look at the two levels around 3670-3700.

In the early morning, the Silk Road summary suggests a callback for low long positions, and those who have already entered short positions at high levels should remember to manage their holdings carefully. If you don't have time or have a strong capital base, set your mobile positions appropriately. #ETH突破3600 #特朗普施压鲍威尔 #山寨季何时到来？