7.10 Market Analysis:

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Looking at the daily chart, the market has broken through and reached a historical high after a period of consolidation. However, the new high point has limited improvement compared to previous highs, indicating that bullish momentum is not as strong as expected. After reaching the new high, the price quickly retraced, and a technical correction to adjust the price is likely to occur in the short term.

It should be noted that the news from the Federal Reserve is characterized by intense bullish and bearish battles. In the past two months, there have been multiple instances of price increases followed by reversals during the early morning hours, often reaching positions that make it difficult to buy after malicious liquidations. In such times, one should instead decisively position themselves.
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Operation Suggestions:
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The Bitcoin price is around 111500-112000, with a target looking down towards 109000-110000.
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The target range near Auntie 2770-2800 is looking down to around 2630-2680. #Gate VIP理财送茅台# #美加征关税# #Gate xStocks 交易体验#