7.13 Monday early morning BTC outlook: the high level is under significant pressure. For today, look to short first intraday.

In the weekend phase, there was persistent tight-range back-and-forth. Within the 636-645 range, multiple long and short attempts were repeatedly made; when handled well, it also delivered good results on the short term. Today is a new week—good luck to everyone.

From the current perspective: after the earlier rebound, BTC has continued to range at high levels. On the short term, it has tested 645 multiple times but has not been able to break through effectively. This indicates that this round of repair may be coming to an end. Going forward, blindly chasing longs will obviously not get you much. Right now, BTC is above 640, so intraday we will treat it with a high short bias first.

Consider going short around the 640-645 area, looking down to 625-615.