7.12 Market View Analysis

BTC Silk Road reference layout
Entry range: around 64,300—64,900
Stop-loss area: above 65,400
First target: 63,200, second target: 62,400

Last night and this morning pushed higher but met a heavy setback, then slid down repeatedly at the sidelines. The bulls had no strength, and the bears held control; it’s easy for the market to fall but hard to sustain the move upward.
Low-range consolidation is merely a continuation of the downward leg; any rebound is only for correction. Trade mainly on the short side—wait for the rebound pressure level before entering, don’t chase strength, and don’t try to catch the bottom.
Build the rebound positions in batches on the short side. For the stop area, use the upper edge of the 65,400 range; if it breaks down, you can hold. If it breaks through the pressure, exit immediately, and strictly control risk. #GateUS合规扩展佛罗里达 #美伊战争阴云再起 #美股AI概念股普涨 $BTC $ETH