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July 7th
Big Cake Evening
Price is trading below the 50-day and 200-day moving averages, and the medium-term bearish structure remains intact. After an initial surge to 64700, it quickly retraced, leaving a long upper shadow candlestick, indicating weak upward momentum and significant selling pressure at highs. The MACD red bars continue to shrink, with bullish momentum rapidly weakening, and it is likely to enter a pullback and repair phase in the evening.
Strategy: Short at 63500-64100, defense at 64500, targets at 62800-62400-62000
Disclaimer: Investment involves risks; be cautious when entering the market.
#Strategy上周减持3588枚BTC $BTC