7.4 Tatsuno afternoon Bitcoin analysis

The overnight market movement confirmed the determination of the long-side主力 to control the market. Bitcoin briefly touched the 62,957 level, while Ethereum also climbed to around 1,775. Currently, the chart shows a typical high-level narrow range consolidation pattern with very shallow pullbacks, indicating strong buying support below and no panic-driven deep selling pressure. From the overall structure, the bullish trend remains intact, and the strong momentum has not changed.
In trading, those who can control their impulses and hold onto profits during volatile markets are always the minority. Looking back at last night's strategy, we precisely placed long orders in the 61,300-61,500 range, entered the live account at 61,740, and successfully took profit at 62,671, securing a solid 931 points. The essence of trading is never frequent entry and exit, but following the trend and holding firm like a pine tree on a cliff.
[In-depth Technical Analysis]
From the 4-hour level, the Bollinger Bands are showing an upward opening expansion, with candles firmly staying above the middle band and continuing to rise. The small bearish candles after the surge are healthy pullbacks after a breakout, no need to worry excessively. The center of gravity at the hourly level is steadily moving up, with the middle band effectively turning into support. The candles show a textbook stair-step upward structure—each pullback to the middle band quickly gains buying support and pushes higher again.
[Outlook and Risk Control Tips]
On the upside, if the key resistance at 63,200 is effectively broken, the market will further challenge the strong resistance zone at 64,300; on the downside, 62,000 is the current lifeline for bulls. As long as the pullback does not break below this level, the downside space is extremely limited. For subsequent operations, we continue to adhere to the core strategy of "following the trend and buying dips," avoiding blindly chasing highs. Special attention is needed: weekend market liquidity is relatively weak, so it is recommended to trade with light positions and strictly set stop-losses.
[Today's Practical Trading Suggestions]
Bitcoin (BTC): It is suggested to build long positions in batches around 62,000-62,300, with upside targets set at the 63,200-63,700 area successively. #非农爆冷打压加息预期