July 6


Bitcoin Midday
On the daily timeframe, the price started an oversold rebound from the low of 57700. In the short term, it has reclaimed the near-term moving averages. The MACD forms a golden cross at low levels, and bearish momentum is clearly fading.
The larger timeframe is still within a descending channel. Medium- and long-term moving averages continue to press downward. The downtrend has not been fully reversed. This rally is defined as a corrective move within the ongoing decline.
Strategy: Short at 63200-63500(箜), with defense at 64100; targets 62500-62000
Disclaimer: Investment involves risks; please enter the market cautiously.
#比特币巨鲸两周狂扫27万枚BTC $BTC
BTC0.49%
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