7.10 BTC Morning Analysis

After an initial surge to 64729, multiple bearish candles appeared consecutively, interrupting the short-term upward momentum and entering a pullback phase. After falling to the support zone of 61283.6, the short-side momentum was exhausted, and the price rebounded for repair. At this stage, the medium-to-long-term bullish foundation at the large level has not been completely broken, and the market has shifted to high-range consolidation, with no clear trend of a unilateral breakdown or a new high yet.

On the 4-hour level, the market has shifted from a one-sided rally to high-range consolidation. The lower lows have solid support, limiting short-term downside space. However, the upper resistance near the previous high is also strong. Before a directional breakout occurs, prioritize range trading—buying low and selling high. Once the price breaks through key levels, follow the trend accordingly.

Short near 64000-64800 on a rebound. When the price pulls back again to the 62000 support and shows clear buying pressure, you can set up a long position to bet on a second rally. $BTC $GT