Market outlook for the morning of July 28

After experiencing a narrow-range consolidation for 2 days, Bitcoin has shown a rally. Although it broke through the 119500 level, it was only a false breakout, and the current price is encountering resistance near 119500. From a 1-hour short-term perspective, the bullish signals are strong; however, due to the previous peak formation, there may be a certain risk of a pullback in the future. The key resistance level of 119500 is crucial; if it can break through this level, it may further open up upward potential. On the daily chart, if the price stabilizes above 117800 and breaks through the key resistance at 118300, the short-term outlook may see a pullback, but as long as it does not fall below this area, the upward trend remains unchanged.
The recent price trend of Yitai is continuously strengthening, with the support level moving upward and no resistance above for a continuous breakthrough. It's heading for a surge towards 4000. However, from the daily chart, historically, breaking through 4000 has not occurred during this bull or bear market period. Personally, I believe that breaking the historical high is not so easy, and it is estimated that there will be a pullback for adjustment.
Operation suggestion: Long positions near 118500-118800 for Bitcoin pullback, stop loss at 118000, target around 119600-119900, if it breaks, look at 120800-120300, if it doesn't break, consider shorting.
Auntie: Empty around 3890, stop loss at 3930, target around 3810-3820, if broken look at 3780-3770, if not broken enter long.