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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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7.23 midday analysis
From the current perspective of the market, after breaking through the resistance point in the early morning, it has entered a reasonable adjustment phase, which is completely within expectations.
The current adjustment and correction of the price level is actually accumulating energy for the upcoming momentum, and the technical foundation is thus being solidified. Currently, all the retracement actions still fall under the category of adjustment and cannot change the overall trend, while the strength and timing of the subsequent second push will become the core focus. In the short term, the corrective steps are gradually forming, and based on this reference, the top is temporarily not visible, and the upward potential is still worth looking forward to.
suggestion
Big cake: around 118200 - 117700, the target is initially set at 120000;
Two cakes: around 3680-3650, target around 3750-3800 #BTC#