7.8 Morning BTC Analysis

Analysis: Go long near BTC 625, defend 620, target 635-645
On rebound near 642-645, go short around there, defend 650, target 630-625

Since the high point of 646, the price has continued to oscillate and move downward. The short-term moving averages have turned down and formed downward pressure. The swing highs have been gradually lowering, and the overall downward oscillation trend is clear. When the rebound reaches the moving-average pressure zone, you can follow the trend and go short. Expect the pullback move to continue. Below, 626 is a key support level for this phase. After this leg lower, there is a technical rebound/recovery demand near the support level. If the price deeply retraces into the support area, you can take a small long position to capture the oversold bounce. The overall trading approach is a range-bound pattern with no clear one-way trend. Use a high-sell-low-buy strategy: go short when the rebound touches the upper moving-average pressure area, and go long on the pullback toward the key support below. Strictly place the corresponding stop-losses and do not chase a one-way trend. #预测世界杯阿根廷VS埃及 $BTC ‌