7.17 Market View Interpretation

The big pizza (day trading) continues to hold a head-control structure intraday. The rebound strength is limited; in the short term, the market is mainly range-bound with a downward bias.

Current price is 63,505. It has fallen below the AVL moving average at 63,554. On the 4-hour timeframe, it has posted consecutive bearish closes, and the short-term trend is biased toward control. A clear resistance zone is formed at 63,700-63,850. If the rebound reaches this area but cannot break through with increased volume, you may consider taking the opposite position to stay with the control.

Downside support is concentrated in the 63,300-63,400 area. If the price retests and stabilizes in this range, you can lightly try to catch a rebound to bet on short-term repair. If it breaks below 63,100, the downside room opens further, looking toward 62,800-62,600.

Key ranges: 63,300-63,850
Direction: head-control dominates$BTC #USDT充值理财双重奏