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7.7 Jinglu BTC Morning Brief
7.7 Jinglu BTC Morning Brief
The big cake first tested the lows, stabilized, then rebounded sharply and surged to a peak; after touching the intraday high, upward momentum gradually began to fade, and the suppression from the upper Bollinger Band became clearly evident. Currently, the price has stalled after the spike, starting a slight pullback for consolidation. The short-term KDJ indicator turns downward, and short-term bullish momentum has been largely used up. This round of upward movement is only a low-level rebound and a market repair; overhead pressure is obvious. The room for short-term rebound is basically exhausted. Going forward, the market will likely gradually shift into consolidation and drift lower, with the bearish rhythm slowly taking hold.
Trading Suggestions
Short at 64300-64800
Target range 62000-61500$BTC $HYPE $ZEC #gStocks代币化股票上线 #现货黄金站上4200 #TradFiCFD黄金大师赛