July 29 BTC market view
BTC: The current lifeline of the hourly chart is 68977. The closing line of the hourly chart since 2 am yesterday is below this position. It touched upwards in the morning, and it was still below this lifeline when it just closed, indicating that there is resistance above.
This needs to be vigilant, but it cannot be used as a basis for opening a trend position, because the hourly chart changes quickly.
