7/2 Evening BTC

Whether BTC can hold above 61096 this time is the key.
Distinguishing real from fake breakouts is simple: after a breakout, if it pulls back without falling back into the range and stabilizes above the resistance level, it's a valid breakout; if it just spikes with a wick and quickly falls back into the range, it's still a fake breakout to trap bulls.
If this round still cannot hold, the top will form a three-pin probe top pattern, which is a clear bearish signal; at the same time, the range area forms a W-bottom structure with the neckline at 61096. Only if it holds above this level will the hourly W-bottom be confirmed, and then it can attack the 61371-61911 resistance zone to fully open upside space.

Trading Suggestions:
If the rebound touches the 61881-62911 range, you can enter short positions in batches, with an average entry price of 62300, stop loss at 63950, and take profit targets at 60633 and 59554. For left-side trading, only half position is recommended.

If it breaks below 60000 with volume and fails to reclaim that level on a pullback, then follow up with short positions, strictly with a stop loss.

If it holds above 61084 on the hourly level, the upside target is 61875-62801; if it fails to break this level, bulls lack momentum to continue;

If it breaks below 60595 on the 4-hour level, the downside target is the 59545-58312 support zone.#非农$BTC ‌