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Market Analysis for the Broad Market: $BTC (2026-7-8)
The top pattern has already emerged: 1️⃣ consecutive upward wicks, 2️⃣ the top no longer making new highs. With this rebound high appearing, the question now is how long the bottom will last~
Trading Strategy:
Currently, as long as there is a significant rebound on the 4-hour level, short when it approaches the previous high near 63900, and stop loss if it breaks above the previous high~
Don't take long positions; the top pattern has already appeared, so we won't trade for now. The right-side trading is to wait for a breakout above 63900 before going long.