7.22 midday Silk Road


Early morning market update: the price returned to 116000 after a dip, then rebounded to 117900. Currently, it is in a wide range oscillation around 117300. Looking at the one-hour chart over the past few days, the bullish momentum for Bitcoin isn't particularly strong. The support below is approximately around 116500, while the resistance above is around 119000.

Return to the vicinity of 116500-116000, looking towards 118000-118800.
Return to around 3680-3650, look towards 3780-3810, and if it breaks effectively, look towards 3860.
#山寨季来了?# BTC#
BTC2.04%
ETH2.97%
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