7.15 Afternoon Bitcoin Market Analysis

The pullback that followed the morning price retest has remained limited, and the momentum is on the soft side. With declining volume, the selloff has not even created a full 600-point downward room; overall, the market is presenting a high-level consolidation and buildup structure, with the previous high remaining level while the low is slightly higher. Now BTC has rebounded modestly and broken above the prior high; if it can follow through with increased volume, it can continue to test resistance around 65,500. Conversely, under continued sideways trading, the MACD is likely to form a high-level death cross, thereby further amplifying the intensity of the release of “dead-cat bounce” momentum. After an upward wick pierces through, it will start to face pressure, followed by consecutive pullbacks. Therefore, friends who have not built a position yet do not need to rush to chase it. Instead, observe the direction of the volume after the breakdown; if the breakdown does not come with confirmation from the volume, then you should still keep the plan to wait for the pullback to confirm support before taking the next action. $BTC #预测世界杯阿根廷VS英格兰 $ETH