7.15 Morning Bitcoin Market Analysis

Under the impact of last night’s CPI data, the price comparison surged on expanded volume, jumping from around 62,700 to 64,000. Although the subsequent “dip traders” sell volume quickly shrank, the pullback strength was limited. Even in the early hours, it still provided room for a rebound, with a peak reaching 65,130. As for Ethereum, this rally released even more sufficient volume—starting its rebound from around 1,800 and recently setting a new high of 1,896. Many people who end up losing aren’t making the wrong judgment; they simply can’t accept a brief loss, rush to flatten positions, frequently switch “carriages,” and in the end let a small gap drag on into a deep pit that can’t be filled.

Right now, the current 4-hour chart for BTC shows a pullback with reduced volume. From where things stand now, the downside pressure still can’t effectively affect the “dip traders.” It’s more like natural profit-taking after a run of consecutive gains. In the MACD, the fast and slow lines are about to completely cross above the zero line, and the gap has not yet shown any obvious narrowing. The “dip traders’” momentum is still dominant, but now there is a technical correction need in the short term. In the morning, first continue to observe the pullback strength of BTC. If it can stabilize in the 64,000–64,400 area and a stop-decline signal appears, then consider re-entering; the target is to break through the prior high of 65,130. For Ethereum, use stabilization around 1,850 as the reference to re-enter “dip traders”; the target is to break through 1,900. #PreIPOs第二期OpenAI认购