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7.13 BTC afternoon view
After the 4-hour line surged to 64411, the long-side momentum is completely exhausted. The price has continued to fall with sustained rising volume, and the current price is 62714.9.
Throughout the whole period, bearish control is clearly dominant, rebound strength is extremely weak. The short-term downtrend continues. Don’t rush to bottom-pick; wait for the rebound to face resistance, then go short in line with the move. Until the bottom stabilizes, stay on the sidelines and strictly control position sizing.
Key levels
Resistance levels: 63350, 63900
Support levels: 62360, 62000
Trading layout
BTC: rebound in the 63000-63400 range, shorts around there; target 62500. If it breaks below, look toward 62000.
ETH: range 1800-1820, short around there; target 1780-1750#BTC #ETH