Tongge’s 7.16 BTC playbook


$BTC Go in around 650-655; stop the “笋”(i.e., stop-loss) at 660. First target 640, second target 630.

The day before yesterday was CPI, yesterday was PPI—two consecutive positives. BTC spiked as high as 65589, and the current price is around 647.
The good news truly gave Doto confidence, but interestingly, both times the price surged, it stalled in the 650-655 area.
This level has been hit before.
If it can push up, it means there’s willingness from funds to buy; if it can’t break through, it means there are also people selling above.
When the market reaches here, it’s no longer about the size of the news, but about whose wallet is tougher.
650-655 is still the key short-term pressure zone. If it breaks through and holds, Doto can keep opening up more room;
if it gets capped under pressure on the way up, then it’s still the old script of range-bound consolidation and digestion—nothing changes in the position, and for now the mindset doesn’t change either. #美国核心CPI未达预期
BTC-0.21%
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