7.5 Sunday BTC Midday Outlook


The residual heat from the NFP data rebound continues; after the holiday, market liquidity gradually recovers, and Bitcoin maintains high-level consolidation, repeatedly testing the resistance level upward.
On the technical structure, short-term resistance is concentrated in the 63500-63800 USD range. Repeated surges here have failed to break through effectively, with trapped positions concentrated and upward resistance heavy; key support below remains at 62200 and 61500 USD. Holding these supports is necessary to sustain the consolidation pattern. Once they are broken, this round of rebound will be declared over.
The overall market remains in a high-level seesaw battle, with limited short-term upside space. Positive catalysts have largely been priced in, and the risk of a pullback after the surge is increasing. Do not blindly chase rallies; focus on whether the overhead resistance can break out with volume, and prioritize guarding against a pullback after the positive news is realized.
Operation suggestion: 630-635 short, target 620, break below target 610, if not broken then reverse to long $BTC $ETH $SOL
BTC0.43%
ETH0.35%
SOL-3.22%
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