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Market Analysis: $BTC (2026-7-6)
On the daily level, this rebound has broken below the previous low, trapping a lot of short liquidity (circled area in the chart). The stop-loss levels for these shorts are mostly above 65, so the high of this rebound is expected to wick to the range of 65000-67000.
Trading Strategy:
On the 4-hour level, if it holds above 63200, you can go long, targeting 65000 above.
For shorts, it is recommended to open a position near 65000 above.