7.9 Evening Market Outlook

After yesterday’s early-hours push up to 64,200 met resistance, the market drifted lower all day. It dipped to a low of 61,500. The entire leg of this “k-line” bearish drop has been released, and at this stage the momentum for a short-term rebound is gradually exhausting.

Geopolitical tensions keep tugging back and forth, producing only short-lived pulse moves. They cannot change the market’s underlying core trend. Early this morning, there was a modest repair-and-rebound. During the daytime, it maintained narrow-range consolidation. At midday, it rose again and pushed to new highs; currently it is around 62,500. In the short term, this is only a brief stop-the-bleeding buffer after the big drop—it fundamentally cannot reverse the overall downtrend rhythm. On smaller timeframes, the rebound highs keep stepping lower, and the heavy overhead pressure zone is firmly capping the upside space, trapping the rebound “k-line” tightly.

For the evening, and even going forward, the approach remains to use rebounds as the main opportunity. Be patient and wait for the rebound. Enter with a “light position” in the 63,600-64,100 range for the “k-line” trade. When it reaches 65,000, add. The first target is 61,800. If it breaks, then follow through toward the prior low of 61,290. The ultimate target for this round is 55,000! This rebound is only a temporary repair during a decline. When the rebound has reached its spot, it’s still the window to do this “k-line” trade—when entering, strictly control your “position sizing” and risk management. $BTC #特朗普宣布美伊停火结束