Market trend analysis: $BTC (2026-7-13)


Yesterday I said that the larger timeframe would see a round of monkey-market-style choppy trading, so today I won’t emphasize the larger trend anymore. Let’s find buy and sell points on the smaller timeframe to trade.
Trading strategy:
1️⃣ Around 62,300 below, it will be an important support area, and also a suitable spot to go long. Everyone can place limit orders to enter; if it breaks below 61,600, cut the loss.
2️⃣ Right-side long strategy: If 64,300 is broken through, it indicates that the next wave of rally is about to begin 📈.
For now, I’m not giving a short strategy. The price level is too low, and there isn’t much upside, unless a high-volume crash happens.
BTC-1.47%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
ProtocolPicnic
· 19h ago
It’s definitely reasonable not to place empty orders in this position. The space below has been compressed far too much—only consider it again after the volume breakout and a sell-off crash signal appear.
View OriginalReply0
ThereIsTvlInTheWind
· 19h ago
The order placement at 62,300 is quite precise. I’ll try it out with a small position first.
View OriginalReply0
GateUser-fbbc916d
· 21h ago
The breakout above 64,300 on the right side is very important—when the time comes, I’ll add more to the position.
View OriginalReply0
  • Pinned