7.18 BTC Morning Market Analysis

After the price surged to 64,350, the bulls’ momentum proved insufficient. In the 15-minute cycle, the recent swing highs gradually moved downward; the upward structure has been declared broken, and bearish selling pressure continues to be steadily released. In the short term, the market mainly shows a range-bound pullback, and a one-way deep crash is not expected for now.

**Trading Plan:**
On a rebound, plan orders in the 64,000–64,300 range. The downside targets are 63,000–62,600. Be sure to strictly implement your position risk control.
Stay at 65,000#btc$btc