BitUnix analyst: US Europe trade tensions remain unresolved, BTC long short tug of war, support 117000, pressure 121200, suggest observing breakout direction

BlockBeats News: On July 24th, EU diplomats strongly stated that if an agreement cannot be reached with the United States, they will support anti coercive measures. US Treasury Secretary Vincent responded by stating that if the EU wants to reduce tariffs by 30%, it must propose an "innovative financing arrangement" similar to Japan's. At present, the EU has not submitted a specific plan, and the progress of negotiations is limited, exacerbating market concerns about the escalation of transatlantic trade frictions. BitUnix analysts suggest: Under macro uncertainty, BTC oscillates around $119300, with a short-term long liquidation intensive area between $120800 and $121200, indicating strong potential pressure. The support around $117000 below is evident, and if it falls below, it may trigger a new wave of stop loss. It is recommended that short-term traders adopt a range strategy of $117000 to $121200, with high selling and low buying being the main focus. If it breaks above $121800, it may be seen as a short-term strong signal; On the contrary, if it falls short of $116500, it is recommended to take a wait-and-see approach to avoid liquidation risks. The overall perspective is still dominated by macro policies and trade patterns, and it is recommended to maintain flexibility and adaptability.