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7.10 Morning BTC Analysis
Analysis: Short near 639-644, target 620-615, stop loss 649
Daily price is under pressure below the medium and long-term moving averages, the medium-term downtrend has not reversed. This rebound is only a correction after the decline. Sufficient upward momentum naturally brings pullback demand. Lack of support makes a reversal difficult. Candle bodies are narrowing, the upward slope is slowing. On the 4-hour chart, rebound volume continues to shrink, buying power is weakening, showing signs of stagnation. If the bulls cannot quickly break through resistance, profit-taking and trapped positions will be cashed out in concentration. When the rebound meets resistance, go short accordingly. #预测世界杯西班牙VS比利时 $BTC