7.13 Qingchuan evening BTC market observation



Inflation data will be released tomorrow early morning. The market’s overall sentiment is heavy with a wait-and-see mood. Tonight’s price action will most likely be range-bound with limited volatility—don’t take an oversized position to gamble.

For rebounds, look to enter around 63,400–63,700; defend at 64,400.

Before and after the data lands, the market is prone to wicks that pierce through to shake out traders. For all operations, suggested position size should be kept within 30%. Strictly set your stop-loss and don’t hold positions long-term. #LAB两日腰斩53% $BTC
BTC-0.88%
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