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Market Analysis for the Evening of July 21:
The blood-sucking effect of Bitcoin has re-emerged, with recent price surges resembling previous dumps, both taking place during the early morning hours. The traces of institutional control are evident, aiming to restrict ordinary investors' entry and exit.
After this round of trends ends, its direction may become a key node for the bull-bear transition in the second half of this year. Positions above 120,000 are all high short positions, with a short-term target of 116,600 and a long-term target of 110,000.
After the second dip touched the small support, a rebound occurred at noon. Currently, the main players have no significant actions, providing another opportunity to short during the rebound. It is still recommended to focus on shorting at high points in the future market.
Operation Suggestions:
The Bitcoin price range is between 119,000 and 119,500, with a target looking down towards around 116,800 to 117,300, and a long-term outlook around 112,100!
Auntie 3810-3840 range Kong, target down to 3720-3750, long-term look near 3640! #以太坊突破3800#