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July 11 intraday thoughts
On the four-hour cycle, it spiked high to touch the upper Bollinger Band, then faced pressure and pulled back. The current price is trading in a wide range around the Bollinger middle band, with frequent back-and-forth tug-of-war between bulls and bears; the tolerance for chasing longs within the range is extremely low.
The short-side selloff momentum is sufficient. Each rebound lacks the strength to continue. Bullish support below is weak, and there are no conditions for a short-term reversal to strengthen.
Big brother: resistance at 64,300 and 65,000; watch for downside toward 63,000 and 62,000.
Second brother: resistance at 1,810 and 1,850; watch for downside toward 1,770 and 1,710.
$LAB $BTC #预测世界杯挪威VS英格兰