Trader Eugene: $110,000 Still the Ultimate Resistance Level for Bulls, Market Will Choose Direction This Week

BlockBeats News, July 9th, Trader Eugene posted on his personal channel, stating that "$110,000 is still the final resistance level for the bulls, and a breakthrough direction is expected this week. The outcome is usually binary: if there is a breakdown, the price will quickly drop to $100,000; if there is a breakout, I believe we will reach a new high of $120,000 and then enter a period of consolidation. In any case, it will be an exciting week."