[BTC Morning Market Analysis | July 28]
At 8 AM, BTC is priced at $119,380, with a 24-hour increase of $1,214, a rise of 1.03%. The highest during the day was $119,766, and the lowest was $117,911, with the trading range narrowing, and the main sentiment is moderately strong.
Currently, BTC is trading between $117,900 and $120,000, close to a recent resistance zone. If it effectively breaks through the $120,000 level today, it is expected to challenge $122,800 to $123,600 in the short term; however, if it faces pressure again, one should be cautious of a pullback to the $117,000 support level
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