BTC Market Weekly Report -7.21 🔥 Weekly chart 1) Last week, BTC experienced a peak volatility, followed by opportunities for ETH knockoffs. We can see the formation of fvg below the BTC weekly line. These FVGs will definitely be obtained. So don't panic, BTC has enough time now for ETH knockoffs, That time should come for BTC. I'm not saying BTC will immediately fall or anything, I'm just saying that the liquidity of FVG around 11 is waiting to be obtained, and here we need to pay attention to the opportunities to buy. 2) The focus of this week is on Tuesday evening at 8:30 pm, when Federal Reserve Chairman Powell delivered a welcome speech at a regulatory meeting This determines whether the market is trending upwards or downwards this week. 3) The interest rate meeting from Wednesday to July 31st is a blank period, so I will continue to watch the knockoff season without any significant changes. Then BTC ETH continued to rise and fall. The rest is until August. Daily chart 1) BTC is currently constructing IDM and FVG below, both of which are waiting for liquidity to be obtained But for now, the support for 1156 is still there. If it doesn't break here, you can't look down to get it 2) However, if we want to continue hitting new highs, the key is still EQ 1195 Only by standing firm here can we continue to look up to new highs. Otherwise, if we keep oscillating in the discount zone, which is below 1195, the probability of plundering downwards is higher. 3) So currently BTC's key position is 1195. Then 1156, fall below and pay attention to plundering liquidity downwards, plundering first look at 114, then look at 110 Hour icon 1) The chart is a bit messy, just make do with it. Firstly, the red cut indicates that there is actually an MSB at a high level. Then, after testing upwards, the current green arrow H1 level continues to decline. 2) So for now, let's go bearish. Here, H1 bearish ob refuses to continue looking down. That is to say, if you are short, stop loss at 119 and target at 1156 Then we'll see if it falls below or if it's plundering. 3) If it breaks through 119, which means H1 is bearish, then it cannot be bearish. We need to pay attention to whether we can stand firm at 1195 to test the new high. usdt.d Still in a downward structure, if BTC wants to start falling, it must break through the bearish trend of USD, with a performance of 4.33%. Everyone should pay close attention to this position.