$BTC Yunshu 7.15 BTC Analysis

After the earlier sharp drop, the market closed at a low level with a long lower-wick support candle. Overnight, boosted by positive interest-rate related news, it printed a strong bullish long candle to repair the rebound, and price moved above the short-term 5-day moving average, with short-term bullish sentiment recovering somewhat.

However, the 10-day and 30-day moving averages are still overhead, forming strong resistance. This upswing is a technical rebound following oversold conditions, not an overall trend reversal. Until the price effectively holds the 65,000 level, the long-cycle bearish structure has not been fully overturned.

Trading strategy:
Place short orders in the 64,900–65,400 range on the rebound. The short-term downside targets are 64,000–63,500. If key support is broken, you can further look at 63,000–62,500.

The upside room in this rebound is limited—do not blindly chase and open longs. Primarily take shorts following the move from the resistance levels above. Keep a tight handle on position size and set stop-losses strictly. #PreIPOs第二期OpenAI认购