#特朗普施压鲍威尔# #ETH突破3600# 7.20 Weekend Market Overview: BTC Sideways Trading Strategy Remains the Same

BTC formed a doji bearish line this morning, and the intra-day Asian market continued to trade sideways.
Yesterday, Trump signed the U.S. "GENIUS" Act, perhaps the U.S. is really trying to create a leader in the crypto digital space. Has the good news been fully priced in, or is it the beginning of bad news? BTC continues to fluctuate around 11.76-11.82. We will see after the U.S. stock market opens tonight whether there will be a trend change, and whether MicroStrategy will continue to increase its BTC holdings; if so, it is expected that there will be a trend change and a price surge tonight.
The strategy for trading BTC remains unchanged. First, according to the harmonic analysis, the bullish Saif pattern indicates that BTC will continue to rise; second, once the support zone of 11.76-11.82 is broken and stabilized, it presents a buying opportunity. Wait for a right-side breakout and stabilization above 11.82 to enter long positions, with a stop-loss at 11.68 and targets near 12 and 12.16; conversely, if a reversal occurs at point D, short positions can be taken with a stop-loss at 12.24 and targets at 11.93 and 11.79.
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