July 16 BTC Midday Analysis

On the BTC 15-minute cycle, it first probed the low at 64,362.2 and then quickly surged to 64,807.9 to form a small peak. The current price is 64,675, down slightly by 0.18%. Funds are still showing a net inflow of 420 million, and long positions remain supported. The market is in a narrow-range consolidation, with the long-versus-short standoff becoming relatively balanced. 64,808 is short-term resistance above; 64,362 is the key intraday support below. Trading volume is steady, with no obvious increase. In the short term, the market is likely to maintain a range-bound structure. Only by holding above 64,808 can upside room open; if support is broken, it may pull back toward the lower levels. Do not chase pumps or sell in panic; wait to decide direction after a range breakout.
Personal recommendation: 65,100–65,600, Target: 63,000–63,600#美军结束对伊朗新一轮打击