Bitcoin Market Analysis and Trading Reference for July 24 (Writing Time: 0:03):

The current price of Bitcoin (BTC) is around 118,400. The 1H chart shows a weak oscillating trend, but market momentum is recovering, indicating signs of a rebound in the short term. Recently, it has been operating within the upper and lower track range, presenting an oscillating pattern. Combining the signals from the KDJ and MACD indicators, there may be a certain rebound opportunity in the short term. Pay attention to the support at the lower track of 117,400, while the upper track resistance is at 120,100. The strength and sustainability of the rebound still need to be observed. If the resistance level cannot be effectively broken, it may retest the lower support again. In the medium term, the overall market trend remains hesitant. From the candlestick patterns and indicators, there is a lack of clear direction. The RSI and EMA trends indicate oscillation and consolidation. In the absence of strong positive or negative factors, it is likely to continue operating within the fluctuation range. In the long term, the EMA200 and EMA250 provide strong support, and the stable upward trend of the long-term EMA indicators shows that the overall market still has some upward potential. However, the short-term oscillation and consolidation may consume time while waiting for new trend signals to emerge. It is advisable to patiently wait for a clear trend and not rush into large-scale positions. Recent candlestick patterns such as the Evening Star, Dark Cloud Cover, and Spinning Top suggest market oscillation and potential adjustment risks. The RSI has rebounded into the neutral zone, and the market has not shown extreme emotions, with current momentum being relatively balanced. The short-term EMA lines are densely intertwined, indicating significant market oscillation, while the long-term EMA200 support trend is slightly upward. In the BOLL indicator, the current price is oscillating near the middle track, with the upper and lower tracks gradually narrowing, indicating reduced volatility. In the MACD, the red bars are shortening but have not yet turned green; pay attention to whether the DIF and DEA lines form an upward trend. The three lines of KDJ are turning upward, with the J value approaching the overbought zone, indicating a strengthening short-term momentum but needing to break through the resistance level.

Buy Point Sharing: Buy at ≤117,500, stop loss below 117,000; take profit at 118,700-120,000; if breaking above 120,200-120,500, it can hold up to above 122,000.

Sell Point Sharing: Sell at ≥120,100, stop loss at 120,800; take profit at 119,000-118,200-117,300; if breaking below 117,000, it can hold.

There may be delays in article review and push notifications. The above points are for reference only; please grasp the timing of buying and selling yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!

Follow the blogger to avoid getting lost in trading. Scan to add "Coin Circle Red Sister," where daily benefits await your participation!

Thus, our journey in the cryptocurrency world begins to move towards a broader new starting point, and it is by no means the end, as the road is still long and must be walked step by step! The ocean of cryptocurrency is vast and full of opportunities and challenges. I hope you will always maintain a thirst for knowledge and a spirit of exploration in the days to come.

Remember, the cryptocurrency world is not just about numbers and charts; it is an art about humanity, decision-making, and the future. In investing, maintain rationality and calmness, do not be swayed by short-term fluctuations, and view the market with a long-term perspective. Continuously learn and enhance your professional skills. Knowledge in the financial field is constantly updating; only through continuous learning can you keep pace with the times and seize every opportunity. Be brave to try and innovate. Do not fear failure, as every failure is an opportunity for growth. In the world of cryptocurrency, the brave often carve out their own territory. Finally, may you all shine on the stage of cryptocurrency, realizing your value and dreams. Wherever and whenever, Red Sister cheers for you and looks forward to your wonderful performance. Red Sister wishes everyone a smooth journey in the cryptocurrency world, returning with a full load!

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。