Lunchtime analysis:
The daily chart shows that BTC/USDT closed positive for two consecutive days on July 9 and 10, and the price rose from 56686.4 to 59140.5, forming a clear upward trend.
In the hourly chart, the price fluctuated greatly in recent hours, but it is still in an upward channel overall.
Technical indicators:
MACD (1 hour): DIF and DEA are both positive and continue to rise, and the MACD histogram is also red, indicating that the bulls are strong in the short term.
RSI (1 hour): RSI14 is currently 69.2, close to the overbought range, and we need to be alert to possible callback risks.
EMA (1 hour): EMA7, EMA30 and EMA120 are all diverging upward, and the current price is above all EMAs, indicating that the short-term, medium-term and long-term trends are all bullish.
Short-term advice: mainly low-long!
Buy near 58,000, aiming to break through the 60,000 pressure level!
