7.10 Bitcoin Morning View



Bitcoin has started a recovery rebound after stabilizing at the low of 61,297. This pullback is a high-level shakeout adjustment following a rally, not a reversal of the bullish trend.

On the 4-hour chart, the Bollinger Bands overall upward channel remains intact, mid-term moving average support is solid, and the bullish structure has not been broken. On the 1-hour chart, the price is consolidating above the middle Bollinger Band. The MACD indicator is about to form a bullish crossover at a low level, signaling a decline in short-term bearish momentum. The intraday trend is expected to be a consolidation with a bullish bias. The strategy is to prioritize buying on dips near support, and consider light short positions when facing resistance at highs.

Short-term moving averages are in a bullish alignment, with the price firmly above the mid-term moving averages. There is no signal of a moving average crossover or bearish turn. The mid-term bullish foundation is solid, and the pullback is merely a technical consolidation during the uptrend, with no structural shift to bearish.

Trading suggestion: Long at 62,300-62,800, targets 63,500 and 64,000.
#特朗普宣布美伊停火结束 $BTC
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