7.18 Jileng night summary

Today, BTC overall saw a stepped rally after probing the bottom. In the early session, the price dipped to the 63,852.6 low point to complete short-term short liquidation; with sufficient support and buy-side absorption below, funds moved in and pushed the market to gradually recover.
In the afternoon, the chart maintained a narrow-range sideways consolidation, with minor give-and-take between bulls and bears and reduced volatility; the overall center of gravity slowly lifted. At night, bullish momentum concentrated and broke out again. The price surged all the way to 64,645.3, the intraday high. After touching the pressure level at the upper band of the Bollinger Channel, the upward momentum quickly faded, and a small pullback appeared.
As of now, the price is trading around 64,442. The technical indicator KDJ has already approached the overbought zone, and MACD’s bullish incremental growth has slowed. The full-day trend first probed the bottom, then ranged to consolidate; at the close, the rally hit resistance and pulled back. At higher levels, there is a need for a correction and adjustment.

Tomorrow, we continue to look for a downside move, targeting 42,000.

All today’s market action has already closed out—good and bad are all in the past!
Don’t dwell on intraday gains or losses. The market gives new opportunities every day. Tonight, take time to review and organize your thoughts, relax your tightly wound mindset, and recharge your energy. Tomorrow, stay steady with the rhythm and manage risk well. We’ll continue together to catch the market and move forward steadily!
$BTC #USDT充值理财双重奏 #ETH站稳1900美元