7.16 BTC: After the fake breakout, the “fix” — all high-altitude opportunities

$BTC
Entry: around 651-655, then watch the dip toward 660, looking at 641-631

An extremely long upper wick “Anchor Needle”: the highest point 65589 — this wick is too exaggerated. It’s a typical signal of “the main forces luring longs to unload.” After breaking to new highs, it was immediately smashed back down, indicating there wasn’t any real buy order above at all, and bullish momentum has been completely exhausted

Double-top / prior high suppression: the earlier high was around 65500. This time the second push to 65589 failed to break through, forming a secondary high. At the top-push of 65590, compared with the highs from the past few days, the order book shows sparse asks, and the trading volume clearly shows a “volume contraction with a rally.” Then the subsequent pullback is a clear “volume expansion sell-off.” The volume structure is “price rises with lower volume, price falls with higher volume” — a very classic momentum decay signal. Bullish capital above 65500 has no way to continue#美军结束对伊朗新一轮打击