July 3 Midday Analysis

Yesterday's short position at 61800 should take profit, it's about time to close now. Currently $BTC 61424.90, daily increase 1.70%, 24-hour fluctuation range 60081.00—62173.60;
24-hour net capital inflow -170 million USDT, incremental funds continue to flow out slightly, this rebound lacks external capital support.
Currently on the 4-hour medium-term cycle, the overall trend and key resistance and support structure of this rally can be clearly analyzed: The market started a strong bullish main uptrend from the lower band low of 57775, continuously broke through the middle Bollinger Band, and the current price is running under the upper band, overall in a strong bullish channel;
Key resistance: Bollinger upper band 62131 coincides with the intraday high 62173, forming the first strong pressure zone of this rally;
Trend lifeline: Bollinger middle band 59968 is the key support for the bullish structure. If effectively broken, the upward trend will weaken. Yifan's personal suggestion: Short near 62000-22600, target near 61100-60500, long positions can be entered near 61000 after stabilization #BTC #ETH #BTC走势分析