July 18, early morning


Current BTC price is 63,502, with the intraday stacked range narrowing to 1.46%. From the 15-minute chart, after the price probed the low at 62,510, it formed a strong V-shaped reversal. The support at the low point is sufficient, and the short-term rebound momentum has been released in stages. The market enters a rebound repair cycle, with bulls holding short-term control.
Recommendation
Buy/long BTC around 62,500–63,000.
Targets: 63,900–64,700.
Buy/long ETH around 1,810–1,780.
Targets: 1,860–1,900.
BTC2.64%
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SignBlind
· 07-17 18:32
This V is really strong, but you should confirm that the $6,250 support holds—don’t chase and get trapped.
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TD9_Sequencer
· 07-17 17:37
Ride along for a wave and see if we can reach 63,900.
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IpoPro
· 07-17 16:57
The bottom-side longs’ continuation is indeed strong, but after the rebound repairs, there may still be a second attempt at a bottom. Consider building positions in batches and don’t go all-in at once.
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PendleBlade
· 07-17 16:46
The analysis is clear, but note that market conditions fluctuate a lot. It’s recommended to use a light position with a stop-loss, and not to blindly go heavy.
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