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7.18 Saturday BTC chart analysis
Analysis: Lightly short around 640-645, target 635-630
After a spike to 643, the bulls lost steam. At the current price of 639, the weekend market is quiet with sluggish trading volume. There is a lack of incremental capital to break above the previous high, and price action is stuck and stalling at the high level, showing clear downside pressure. Sell pressure above is relatively heavy; the trading focus is gradually shifting lower, and weekend volatility is relatively low. #GateDEX全面接入RobinhoodChain $BTC