7.13 BTC$BTC short setup

Entry: short 63,750 - 64,100
Stop-loss defense: above 64,550
First target: 63,450 - 63,300
Second target: 63,000 - 62,750

BTC surged in the morning to hit 64,411.8, the day’s high. After that, incremental long capital directly cut off, and the price started a sustained one-way pullback. At the highs, a large number of short-term long profit-taking orders rushed to exit; overhead trapped positions are heavy. As long as the price rebounds back into the 63,750-64,100 pressure zone, it will face a wave of sell pressure that weighs on the market. On the daily chart, the broader uptrend has not completely broken, but after a short-term violent rally, indicators are severely overbought and long momentum is heavily overextended—this is a deep pullback cycle after a pump-and-dump breakout. Multiple layers of resistance overhead keep pressing down; without large capital entering, it will be difficult to push up again and break the previous high. This pullback has ample room to the downside, so loosen the entry and target ranges. Today’s core idea remains to sell the rebound at high levels: build short positions in batches relying on the wide overhead pressure band, and trade with the trend to bet on this deep retracement move. #GateUS合规扩展佛罗里达