July 8, BTC around 645—go short with a focus on 630/620.

If you want to do “sào” with it, you can do it around 625—go short with a focus on 630; defend at 620; target 635.
BTC is currently consolidating at the high around 628. Technically under pressure, 64691 has become a short-term strong resistance.
The biggest “max pain” point for options is at $63,000. A large number of contracts will expire worthless around this price, creating a natural pull for the price to fall back toward $63,000.
If it breaks below 60,470, the liquidation strength of accumulated long positions on mainstream CEXs will reach $1.526 billion.
Remember to pay attention to the FOMC meeting minutes today.
My thinking remains unchanged:
Don’t chase longs above 63,000; on rebounds, prioritize looking for pullbacks, and pay attention to the holding strength around 62,500.
If 62,500 can stabilize, then consider going long on dips in a trend-following manner.
If it breaks below 62,000, then the room for short-term adjustment will further open up.
Real big gains are never chased—they’re waited for.
Trading isn’t about prediction; it’s about who can firmly execute their own plan when opportunities appear. $BTC #BTC