7.7 Market Analysis: Bitcoin Bull Flag Breakout, Pay Attention to the Resistance at the Next High Point

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10 hours ago

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  BTC: The daily flag pattern ascending channel has already seen a breakthrough. In the short term, there is still a clear upward trend. The small-level support during the day is around 108400. As long as the price does not effectively fall below this area, it is highly likely to continue rebounding upwards. Pay attention to the pressure area at the secondary level between 110500-111000.

ETH: There is a structural trend for a short-term rebound, but the key resistance above is at 2640. We will observe whether it can break through this level with increased volume. If it breaks through here, a pullback can be considered for a second buy entry.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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