7.31 BTC $BTC Morning trend market analysis 🧐

The short position profits in the early morning were good, and the subsequent long position also yielded considerable profits.
Back to the point, yesterday BTC rose steadily after fluctuations due to news.

From a daily perspective, recent fluctuations have narrowed, but overall it is still in an upward trend. After adjustments, there are signs of a short-term rebound, and in the short term, it could reach around 119600.

🔍 Key Signal Analysis
Support level: 115,700 (24h low, strong support)
Resistance level:
118,764 (24h high)
120,300 (recent high point, may accelerate upward after breaking through)

💡 Operation Idea
✅ Long Position Strategy:
Aggressive: If there is a pullback and stabilizes at 117,600~117,800, take a small long position, stop loss at 116,800, target 118,700→120,300.

Conservative: Wait for a breakthrough of 118,800 and stabilize above MA20 (118,200) before going long, with the same target as above.
❌ Short-selling strategy:
If it falls below 117,600 and the volume increases, short to the range of 116,000~115,700. #美联储利率决议#