7.14 Afternoon Chenye Big Pie Analysis

📍 Current Market Overview
Bitcoin’s current price is hovering around $62,760, and the overall market in the afternoon is still expected to follow a short-selling (high-side) approach.
🎯 Entry Range
If the market shows an upward move and touches the $63,000 - $63,400 resistance zone, you can consider opening a small short position at an opportune time.
🛡️ Risk Control and Defense
When trading, you must set up a proper defense; the stop-loss should be strictly placed above $63,800 to guard against the risk of a sudden rebound.
📉 Downside Targets
The profit space is expected to sequentially look toward the $61,500 - $62,000 support zone.
💡 Trading Advice
The current long-versus-short battle is stuck in a stalemate, and the risk of chasing price up or selling too late on the short-term is high. It’s advised to stay patient, control your position size, never blindly go all-in to trade the range, and wait for the trend to become clear before making a decision.#伊朗宣布关闭霍尔木兹海峡