Tuesday, July 7, 2026 Full Technical Analysis of BTC/USDT Contract



Current market range: 24-hour movement range 62448–64691 USDT, intraday price rose and then pressured downward, part of short-term fluctuating recovery within a downtrend, long-term bearish trend not yet reversed, short-term rebound momentum weakening, contract mainly with range fluctuation mindset, avoid chasing one-sided positions.

I. Structural Multi-Timeframe Qualifications

1. Daily Level (Trend Direction Determination)

1. Moving Averages: Price continues to run below MA50, MA200 medium and long-term moving averages, medium-term bearish alignment unchanged; short-term MA15/MA30 form a pressure zone above, making it difficult for the rebound to continue strongly.

2. Bollinger Bands: The bands overall are opening downward, the middle line at 63500 continues to exert pressure, the price only recovers weakly between the lower and middle bands. $BTC
BTC-1.28%
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