July 17

BTC morning
The price steadily holds above the 5-day moving average support. After earlier day’s push to a high of 65,600 before hitting a key breakout level, it closed with a long upper wick K-line, showing heavy sell pressure at this spot; 65,600–65,800 is the daily timeframe-level long/short boundary, while 63,800 is the lifeline for this round of rebound.

The MACD red histogram has narrowed slightly, and the RSI is in a neutral range—there’s no overbought and no oversold, which creates conditions for range-bound consolidation. As long as 63,800 support is not effectively broken, the structure of this rebound can be maintained.

Strategy:
BTC: dip to 63,800–64,300, defend 63,300, target 65,000–65,500
ETH: 1,830–1,850 dip, defend 1,800, target 1,900–1,950

Disclaimer: Investing involves risk; enter the market with caution#美国6月PPI年率5.5% $BTC