7.4 Daily Analysis

Bitcoin rebounded to around 115,000 yesterday, and it only faced pressure after breaking below the 110,000 level as expected. It then continuously declined and has now returned to around 109,000. If it cannot consistently break through yesterday's high during the day, Yunheng expects it will be in a high-level consolidation. At this time, consider entering the market in batches, and adjust flexibly based on market trends.

Analyzing the overall wide fluctuations from a technical perspective, the MACD histogram continues to shrink, but the daily MACD remains above the zero axis. The RSI value is at 65, gradually pulling back, currently around 53, indicating short-term adjustment pressure, with a need for a pullback in the short term. Given this point, the morning should focus on maintaining a high position. (Defense is crucial)

Rebound near the 11w05 to 11—line
The target looks around the 10w92—10w87 line.
Rebound around the 2635-2600 line to make a k-line
The target is around the 2580—2560 line.
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