【Today's Market Analysis - BTC-7.23】

If you were ambushing near the daily report of 665 yesterday, you would have just gotten on the train at the tip of a needle. The group members who got on the train were numb again.

1. Daily line: The price is still hovering around 68, and it has fallen from yesterday to around 684. By analyzing the trading volume, it can be seen that the short trading volume has not increased significantly compared with the trading volume at this position. After the closing of the daily line today, the short trading volume has not increased significantly, which indicates that the price will soon return to 7W. It is currently in a bullish trend, and the trend direction is still a small increase after the callback, and it continues to test around 68.

2. 4H: The continuous trading volume is sideways, and the current position is sideways at a high level. Combined with the daily line, it can be concluded that the price is testing the liquidity near 68. From the perspective of multi-day historical K, it is highly likely to break through and continue to rise.

3. 15Min: The price is sandwiched between 668 and 681, and it will show a short oscillation. But because the short trading volume at the top continues to decline. Therefore, overall, it is safer to go long at a callback than to go short