Morning trend on 7.23
Last night, although the big pancake dipped down quickly, it soon began to rebound and ultimately broke directly above the 120,000 points line, reaching 120,400. However, after rising, the bulls were unable to maintain the upward momentum and started to pull back in the morning.
From the 1-hour K-line of Bitcoin, the price is running near the upper Bollinger Band, where there is significant resistance above, leading to a downward movement. Currently, it is in a downtrend state, with the price also falling below the upper Bollinger Band, indicating a downward trend. Overal
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