July 14 BTC analysis

BTC closed today at 64,899.8, up 2,194.0 points (+3.50%). The intraday high was 64,950.0 and the low was 61,806.0. The daily swing exceeded 3,100 points. Net inflow was $513 million. Volume and price were well coordinated; bullish momentum is strong. Price has already approached the 65,000 integer level and intraday high resistance. Technically, it has held above the BBI and the BOLL midline; the short-term trend has turned bullish. However, the single-day gain is relatively large and it is nearing key resistance, so the risk of chasing higher prices has increased. Support is at 64,000 and 63,500 below. Strategically, wait for a pullback and confirmation in the 64,000–64,300 range before entering. After a break above 65,000, the target is around 66,000. If it fails to break through for a long time, be alert to the risk of a correction.