7.10 Morning Analysis

Track three-line values: Middle track 62973.0, Upper track 64255.9, Lower track 61690.0
The price quickly surged in the short term and is running tightly along the upper Bollinger Band. The upper Bollinger Band is a strong resistance zone. The channel’s track/rail rules determine this: after the price stays close to the upper band for a long time, there is an extremely high probability of a technical pullback and a price retracement correction back toward the middle track. Once the price comes under pressure and breaks below the upper band support, the target for the first round of pullback will be the Bollinger middle track at 62973.0. If the follow-through force is weak, it will further test the bottom support. This round of surge is an abnormal spike away from the track center, and there is a natural need for a mean-reversion pullback. Yifan’s personal suggestion: around 63950-64500, with targets around 63000-62500 #BTC #ETH #BTC走势分析