7.11 Midday BTC / Posture Analysis



BTC’s four-hour consecutive tightening of real-bodied candlesticks, with trading volume steadily shrinking, has left the market trapped in a sideways, range-bound consolidation between 64,100-64,200, with bulls and bears temporarily at a deadlock.

The MACD indicator’s red bars are gradually contracting, and upward momentum continues to fade; in the short term, there is a need for a pullback and adjustment.

In terms of execution:
BTC: place orders in the 64,300-64,500 range; targets 63,000 and 62,000.

Posture: base positioning on the 1,800-1,820 range; targets 1,700 and 1,650.

Notice:
The above analysis is by Muyao personally. The market can change in an instant; this content is for reference only and does not constitute any investment advice!
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RouterWhisperer
· 4h ago
The red bars on the MACD have tightened a bit too fast; I’ll hang the Kun order at 64,200 and test the waters.
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GateUser-e72657f0
· 5h ago
This round of analysis is clear, but set your stop-loss a bit tighter; the market can turn on you faster than flipping a book.
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RetroRadioWaves
· 6h ago
After a long period of consolidation, something unusual is bound to happen. I’m going to reduce my position first and observe.
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