7.15 Evening BTC Market Analysis

After the market surged to a high point in the evening, the upward momentum clearly slowed, and the overall bullish strength gradually faded.

The 65000—65500 range above is a very clear and dense pressure (resistance) area. Repeated tests have not been able to break through effectively. The long side’s follow-through is getting weaker, and in the short term the chart clearly has a technical pullback and correction need.

At present, sell pressure stacked up at high levels is relatively heavy. Follow-through on the rally is weak, and the overall evening trend is biased toward pressured consolidation.

Trading Strategy

If the price rebounds to the 65000—65500 range, pay close attention to the support around 64000 on the downside in the short term, #币圈 箜$BTC .

At this stage, it’s a choppy, high-level back-and-forth market. The on-screen rhythm is somewhat chaotic. For evening participation, you must mainly use small position sizing, strictly implement risk control and defense, and do not aggressively chase orders