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7.10 BTC around 64,300, green-blue(?), target 62,800/62,000
BTC first pushed up to around 64,415, then began high-level consolidation; afterward, it broke below the 64,000 line.
From the 1H structure, during the earlier rebound there were multiple attempts to test above 64,500, but none managed to break through effectively—showing clear pressure from positions trapped above and profit-taking.
Currently, it has pulled back to around 63,300, and in the short term the market has entered a renewed phase of back-and-forth between bulls and bears. On the downside, focus on the 62,800–63,000 support zone.
On the news front, the market continues to battle around Fed rate-cut expectations, the U.S. dollar trend, and institutional fund flows.
In the short term, there is no obvious major bearish catalyst, but profit-taking pressure from high-position capital still remains.
After consecutive rebounds, the market needs a pullback to release risk before the next move can be healthier.
When trading, you’re not looking at the rise or fall of just one K-line—you’re looking at the rhythm within the entire trend.
Real profits are never chased out; they are waited for.
The market has action every day, but opportunities belong only to those with patience. $BTC #BTC