7.2 Friday Early Morning Market Outlook

Starting from the end of last month on the 25th, BTC went through a week of range-bound consolidation. Last night, due to the non-farm payroll data falling far short of expectations, the market broke out, surged to around 62100, then pulled back. It is currently oscillating near 61500. Today's strategy is to go long on pullbacks.

After the market surged to the high of 62100 and faced resistance, bullish momentum gradually weakened, and the market entered a consolidation and adjustment phase. The current small pullback is just a normal correction after the rally, and the overall upward trend remains solid and intact.

During the day, wait for the market to pull back and adjust. On the pullback to the 60300-60800 range, selectively enter long positions. First, look for a rebound to break through the previous high of 62100. After stabilizing and breaking through, then look to continue to 62600.

If the 62600 level is successfully broken, the subsequent market will extend upward, and the next target is directly at 63500.
For short-term trading, do not blindly chase highs at elevated levels. Calmly wait for a pullback to support before entering positions in batches. Control your position and patiently hold, waiting for gradual upward movement. $BTC #预测世界杯葡萄牙VS克罗地亚