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Tongge 7.15 BTC setup
Go in near $BTC 648-653, cut off below 658, first target 635, second target 625.
The CPI good news has been realized, and the market lifted directly through. The high reached 65130, current price is 647.
Yes, it’s a real rally, but Tongge put it this way: the first wave is sentiment; the second wave is the real money. If news can push the price up, whether it can hold is not about volume—it depends on capital.
650 is an old acquaintance area. It’s a previous dense trading zone; it’s the real battleground between bulls and bears. If it rushes up and holds, then we talk about the next step; if it fails to follow through on the upside, pulling back is just normal repair.