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7.17 Morning Qinchuan BTC Market Analysis
At midnight, it surged to 64,800 and met resistance leading to a pullback. It is currently consolidating around 63,750. Long positions holding should keep their stop-loss intact; don’t get shaken out by the volatility.
The daily-line low points are steadily rising, and the overall uptrend structure remains intact. 63,500 is a key support level for bulls. The four-hour chart is strong; the pullback is met with solid follow-through. In the short term, the pullback is only profit-taking liquidation, and the low-buy mindset is still maintained.
Trading idea: move north within the 63,000—64,000 range, targeting 65,000—65,500#PreIPOs第二期OpenAI认购 $BTC