7.10 midday market analysis

Looking back at midday, Bitcoin has been oscillating in a narrow range around 111125, and the market is currently in equilibrium.

From the hourly level Bollinger Bands perspective, the current Bollinger Bands are showing an expanding trend, with all three lines maintaining an upward slope. The overall track structure leans towards a strong position. In terms of Dianwei's performance, Bitcoin continues to oscillate around the upper Bollinger Bands area, indicating that the short-term momentum still has a certain dominance. Although the upward movement is under pressure, the willingness to rise has not significantly faded.

The big pie can be arranged near the range of 111800 - 112500.
The target can be observed around the range of 110300 - 109600.

The two pancakes can be arranged near the range of 2800 - 2840.
The target can be seen around the 2740 - 2700 range.