BTC market analysis on the morning of July 23 🔥


The current market for BTC is still in a fluctuating trend, and the strategy is to sell high and buy low.

The upward momentum on the 4-hour level is insufficient, and BTC is currently seeking to break through the resistance near 120900. This is also a resistance level on the 4-hour and daily charts, with support near 116500.

In terms of operation, short positions are arranged around 120900, with a stop loss of 600 points.
Target 119700, 118700, 117700 to exit in batches.

Long positions enter at 116700~116500, protect 700 points.
Target 117200, 118400, 119000 to exit in batches.
The Tiger Brother's plan to flip 2000u this month is still in progress, and there are 5 spots available for direct entry! #山寨季来了?#
ETH0.84%
BTC0.78%
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GateUser-e3986997vip
· 07-23 16:53
Just go for it💪
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GateUser-ecd54334vip
· 07-23 14:59
Just go for it!
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GateUser-e0b574d4vip
· 07-23 11:24
Just go for it💪
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