### 7.18 BTC Analysis

BTC continues its intraday rebound structure. In the short term, bulls are in control, but overhead pressure is gradually getting closer.

Current price is 63,936. It has already stood above the AVL moving average at 63,937. On the 4-hour timeframe, there have been consecutive closes in the bullish direction, so the short-term trend is leaning bullish. A clear resistance zone is forming above at 64,300-64,400. If the rebound reaches this area but cannot break out with strong volume, you may consider taking a counter-position by shorting there for control/holding.

Support below is concentrated in the 63,400-63,500 area. If price pulls back to test this zone and stabilizes, you can try a light rebound to aim for short-term repair.

Entry reference: 63,400-63,500, stop-loss: 63,100, targets: 63,900 / 64,200;
If price breaks below 63,100, the bullish structure will be hindered, and then look for 62,800-62,500 below.

Near the overhead resistance area, if you see signs of stalled price action, you may consider taking a counter-position by shorting there for control/holding. Entry reference: 64,300-64,400, stop-loss: 64,600, targets: 63,900 / 63,600.

Key range: 63,400-64,300
Direction: short-term bullish rebound; be cautious as you are approaching resistance $BTC #PreIPOs第二期OpenAI认购