7.15 BTC afternoon analysis

On the BTC hourly chart, the Bollinger Bands upper track has completed at the top with an overbought divergence and lagging rebound. After pushing up to 65,130 to form a local impulse top, the price breaks away from the resistance zone of the Bollinger upper track. The upper track line has started to turn and converge, and the long-extended structure announces that the breakout attempt has failed. The relative strength indicator has entered a state where bullish momentum is neutralized and converging; the short-cycle RSI is building a dead cross with its moving averages, and momentum incremental gains show exhaustion and collapse. This upward leg, which relied on the gradient rise wave launched from the Bollinger lower track, has already ended. The current sideways consolidation near the highs is a position-rotation trading range at the end of the rally. The market is about to begin a pullback and confirmation toward the Bollinger middle track at 64,389. Once the middle-track bull-bear dividing line is lost, it will trigger a downward expansion as the band opens downward. The first downside target is locked at 63,187. The trade should be arranged with short orders based on the resistance level, and you should avoid a false-breakout trap that lures in longs on the rebound.

Trading suggestion: 65,000-65,500 箜, target 63,000-63,500.$EVAA $GT $BTC #预测世界杯阿根廷VS英格兰