7.10 Morning Bitcoin Analysis

Current Market Status and Yesterday's Review
Currently, Bitcoin is brewing underneath the 63,500 level. Is this consolidation a 'mid-air refueling' or a 'bull trap'? Our ideas from last night have been perfectly validated: Bitcoin entered at 62,545 and exited smoothly at 63,229, successfully securing 684 points of profit.

Technical In-Depth Analysis
After surging to 63,484 in the early morning, it quickly pulled back, now showing a typical range-bound pattern. Above, selling pressure is heavy near 63,485; below, the 62,300-61,800 area provides solid support. Overall, it is stuck in the middle, torn between up and down. Although there has been some intraday rebound, frequent upper shadows indicate obvious sell-side resistance near 63,500. Bullish upward momentum is limited, and it is expected to continue oscillating within the box in the short term.

Operation Strategy Suggestions
Core idea: Strictly avoid blindly chasing highs to avoid being left holding the bag. Continue to maintain the 'buy low, sell high' strategy.
Buy on dips: After the price retests the support level and stabilizes, you can open a light long position. If it breaks through 63,450 with strength, you can follow up to 64,000.
Sell on rallies: If the price reaches near 63,450 with weak upward momentum, try a short position, targeting back to 62,800.
Cautious approach: The current market has a high probability of whipsaws. Do not rush into heavy positions. For conservative traders, it is advisable to wait for a real directional breakout or breakdown.
Core focus range: 61,800 - 64,000#特朗普宣布美伊停火结束