July 17, morning



In today’s early session, BTC is steadily holding above the 5-day moving average support. After probing the 65,600 key boundary in the previous phase, it closed with a long upper wick K-line pattern, which is enough to confirm that sell pressure is concentrated above this range, and that overhead resistance on the route is extremely high.

Recommendation
Do a short near 64,100–64,600
Target near 62,500–63,300
Do a short near 1,880–1,910
Target 1,770–1,820 target
BTC-0.96%
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RugRefugee
· 07-17 02:17
This strategy is a bit aggressive, but the trend is indeed bearish. You can try shorting for the short term, but make sure to set a stop loss.
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