x【Today's Market Analysis - BTC - 7.30】


For educational purposes only regarding technical analysis, not as an investment opening suggestion. Profit and loss are at your own risk.

👉 Plot: The current dealer is still bearish, and the inherited short positions have not been closed. However, at a smaller granularity level, it can be observed that the dealer reduces some of the short positions, and the price will head towards around 119. Once it arrives, they immediately increase the short positions to push the price back down. Therefore, this short position is seen as a form of suppression. Patience is required.

In addition, the monthly close is approaching. Be patient. Especially tonight at midnight there is the FOMC, so intraday trading can avoid some risks.

👉Point:
BTC pullback: 1168, 1153, daily top 12
ETH pullback: 371, 363, intraday high 39, 398, 405

🌟 Intraday trading idea: Buy BTC spot on dips
BTC0.49%
ETH7.23%
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