🏧🏧
📅 Bitcoin July 31st [Market Analysis]

🔍 Market Analysis:

Currently, Bitcoin continues to operate in a bearish rhythm:

• On the four-hour level, the overall structure presents a stair-step downward pattern. Although the bulls have made several attempts to rebound, the high points continue to decline, indicating that the rebound momentum is continuously weakening, and the overall trend is under the control of the bears;

• The price is still operating within a consolidation range, and has not effectively broken through, making the market direction unclear;

• On the hourly level, the current price has risen above the lower Bollinger Band, but has not broken through the middle band, indicating that although there is short-term recovery, it still belongs to a weak rebound;

• The MACD indicator shows: the dual lines are still operating below the 0 axis, with no signs of a golden cross, indicating that the current rebound does not constitute a trend reversal.

The current structure leans more towards a "rebound repair under bearish dominance," and has not reversed the overall weak pattern.

📉 Operational Suggestions:

🎊 Trading Strategy: Continue with the rebound high short strategy as the main focus

• Rely on the short-term rebound exhaustion point to set up short positions, and do not blindly go long;

• If the rebound strength is insufficient, look for entry signals near the previous high (such as the 11800-11850 range);

• If it breaks below 11700, it will open up further downward space, and you can add to short positions accordingly;

• Upper pressure to watch: 11850-11900

• Lower support to watch: 11700-11620

📌 Strategy Summary:

The trend is still under the control of the bears, and the rebound is merely providing better short positions.
In operations, grasp the rhythm of "shorting on highs," do not chase rebounds, do not bottom-fish, and wait for confirmation signals.

**—— Crypto Master Community, a community focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! Let's share and profit together! Remember Crypto Master, available 24 hours a day, follow Crypto Master to avoid getting lost!

**[The above analysis and strategies are for reference only. Risks are to be borne by the individual. The article review and publication may have delays, and the strategies may not be timely. Specific operations should be based on the real-time strategies of Crypto Master.]

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。