7.15 BTC early analysis


Overnight CPI positive news pushed BTC higher to 65130, refreshing the stage high. The four-hour long trend remains intact. After the continuous rally, bullish momentum has run out; when price touched the upper Bollinger Band, it met resistance and pulled back. It is now fighting for position around the middle Bollinger Band. In the short term, it has entered a consolidation pullback—risk of chasing longs at high levels is relatively high.

Trading plan
Entry range: 64,700—65,300, place orders in batches. Stop-loss: 63,000. Take-profit/exit setting: leave if it breaks above 65,700.

Logic: The rally lacks follow-through, the upper band suppression is clear, and selling/looking for short-term reversals on the rebound offers a better risk-reward ratio, matching the current pullback structure.

Note: Do not hold the position. No matter long or short, upon reaching the stop-loss/take-profit level, exit unconditionally;
if it breaks through the 65,700 strong resistance with increased volume, immediately abandon the short bias, and wait for a pullback to go long in line with the trend.
BTC1.62%
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