7.10 Midday BTC Posture Analysis

The market is consolidating in a narrow range with sideways oscillation; upward movement lacks volume support, and the overall downward channel pressure is clearly evident. 62,500 is the key pivot between long and short positions—only if price holds above it can there be a modest rebound; if it breaks below, the downtrend is likely to continue.

In terms of execution:
BTC: Place orders in the 63,800–64,200 range, targeting 62,500 and 61,500;

Posture: Place short positions in the 1,770–1,785 range, targeting 1,740 and 1,710.

Note:
The above analysis is from Muyao’s personal analysis. The market changes in an instant; the content is for reference only and does not constitute any investment advice!
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