7.15 Chen Jie Big Pancake midday analysis



Net capital inflow reached $561 million, continuing to expand from earlier; the main force appears to be aggressively accumulating. The buy-sell ratio rebounded to +19.24%. Buying demand below is solid, and bullish consensus in the market is strong.

At present, Big Pancake is trading around 64,948. On the 4-hour level, after breaking above the previous high, the price has consolidated strongly near the highs; the long-side structure is extremely stable. The moving average system has MA7 (64,190) and MA30 (63,761) forming an upward golden cross, creating a strong support band below. Although it is nearing the 65,130 intraday high, every pullback is gathering momentum. The midday trading plan remains firmly to buy the dips.

Trading strategy
Go long near 64,100–64,700, target 65,400–65,900–66,400, dip-buy 63,400 #btc $BTC
BTC1.76%
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BluePeonyCalmingAgent
· 07-15 08:28
This batch of the bid-ask ratio is up +19%—there’s definitely something going on. The main players are openly accumulating positions, and once you follow along, you’re in.
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BlackVelvetKeychain
· 07-15 08:07
The bullish golden cross moving upward is definitely solid. I put in a limit order around 64,100 and I’ll wait for the wind to blow.
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