[BTC market analysis at 9:29 am on July 20, 2023]

In the past 24 hours, the pie has been performing a "pendulum movement" around the 5-minute 120ma/250ma, with 29950 as the midline, pulling upward and downward by 200 dollars. Although it fell below 30000, there was no big drop, and it can be inserted at any time at this moment. For small needles above 30,000, based on the past month’s trends, the number of long-term traders at low levels in the market will continue to increase. After all, the main force cultivates this habit and draws this K-line.

The Federal Reserve is about to announce a new interest rate decision in the early morning of next week on the 27th. Currently, the market is mostly expecting to continue to suspend interest rate hikes. The U.S. index has already followed the trend of higher and higher expectations of suspending interest rate hikes ahead of schedule. Bitcoin has indeed gone the opposite way and tested the 30,000 mark. liquidity

New layout opportunities are brewing again, and new emotional flashpoints are accumulating.

Today’s attention is 29750/29500/28800 pressure 30300/30800

Spots are divided into batches and rolled positions; ultra-short-term contracts are OK, but it is unwise to stay overnight or hold orders#荣耀时刻 $MAV $XRP $SOL