7.7 Market Outlook

After yesterday’s early surge, where it climbed to around 64,000, the market steadily drifted lower throughout the day, gradually weakening. In the evening, due to strategy impacts, it rapidly sold off and probed down to the low near 61,290. Then, as positive news from a Trump post gained traction, the market rebounded strongly again, breaking back up and returning to the pressure zone around 64,000.

After the initial short-term pulse rally, the momentum has already been used up. This rebound has been driven purely by news, and there’s no way to reverse the overall downward rhythm. The future trading approach is very clear: when the rebound stalls in the 63,900–64,600 range, look to short immediately. For the first downside target, watch the 62,000 area. If 62,000 breaks downward in line with expectations, the downside space will open up completely; then look lower toward the previous low near 61,290. In the short term, don’t chase the uptrend—when the market reaches the high area, it faces repeated pressure. Any rebound is a chance to short. #Strategy上周减持3588枚BTC $BTC