$BTC BTC market analysis on July 10:

After the two major areas oscillated together over the weekend, they broke through the lower track support in the morning, then quickly rebounded to break through the middle track resistance, and saw back and forth in the 0 area. On the 4-hour technical level, the opening of the Bollinger Bands is shrinking, the K-line runs below the middle track, and the bulls' energy is slowly increasing. Although the price of Bitcoin has retraced, the retracement is not strong, and the price still maintains an upward trend. trend. Judging from the daily chart, the KDJ three lines diverge downward. Recently, the market has been running around the upper track of the Bollinger Bands and has never fallen below the lower support, indicating that there is not much room for downside.

Operational suggestions: BTC long orders are recommended to enter the market in the range of 29500-29800, with a target position of 30500-30800 and a stop loss of 29300. BTC short orders are recommended to enter the market in the range of 30800-30500, with a target of 29800-29500 and a stop loss of 31000.

Support level: 29800, 29600.

Pressure level: 30500, 30800.