7.16 BTC analysis

The market breaks out with an upper-band impulse peak divergence. After rallying to 65,571 to complete the realization of bullish momentum, the price continues falling along the upper Bollinger band; the upper edge of the band gradually flattens, converges, and the upward driving impulse wave has completely run out. Multi-period RSI forms a momentum collapse step by step; short-term indicators dip into a neutral-to-bearish range, and bullish volume has no rebound energy that can restore and spring back.

The MACD double lines form a top-divergent dead-cross with bearish divergence; the green histogram keeps expanding, and bearish selling pressure is released in an orderly manner. The price is pressured below the Bollinger midline at 64,863, which is a key waterline dividing bulls and bears. Any rebounds are only weak recovery-and-pull-up (bullish trap) formations; the lower Bollinger band at 64,371 is the first retest target. On the macro side, the Fed’s hawkish remarks continue to suppress expectations for easing, and the market enters a mean-reversion downward cycle. Positioning shorts by relying on the pressured range around the midline is the optimal approach.

Trading suggestion: 65,000-65,500 box, target 63,000-63,500.$BTC $GT $ETH #韩国KOSPI暴跌5%触发熔断