7.10 Jinglu BTC Morning Brief

BTC surged to a high of 63,484.9, then hit the upper Bollinger Band. Short-term bullish momentum was fully consumed, and profit-takers gradually exited. Resistance is clear in the 63,366-63,484 range, and bulls failed to push to new highs. The market began to decline from highs, with the center of gravity gradually shifting lower. Bears have taken the upper hand in the early morning; even minor rebounds are only short-term repairs, and the subsequent trend remains bearish.

Trading Suggestions
Short at 63,500-64,000
Target range 61,000-60,500 $BTC #USD1链上质押享年化8.88% #GUSD年化升至3.8% #伯恩斯坦称存储牛市可持续至2027年