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7.15 Midday BTC/Market Posture Analysis
BTC is no longer able to keep rising from the high; the bullish power is getting weaker. It surged yesterday, then pulled back, leaving a long upper wick—already sending a risk signal.
The current high-level sideways action is not building strength for an upswing, but luring longs and distributing at the highs. Each rebound is weaker than the last, and the market’s focus is gradually shifting downward—an evenly drifting bearish adjustment.
In terms of trading:
BTC: On rebounds in the 65,000–65,100 range, short for a target at 64,000.
仪态: On rebounds in the 1,890–1,910 range, short for a target at 1,850.
$BTC $ETH