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7.19 Juelu Big Cake morning quick review
Based on the one-hour chart, BTC surged higher in the morning and touched the Bollinger upper band around 64832. After the bulls pushed up, the momentum was completely exhausted; the price then stalled and faced selling pressure.
On indicators, the KDJ values have already reached the overbought zone, with a clear turn-down signal. MACD’s bullish incremental momentum is gradually slowing, and a strong overhead resistance channel has formed.
This round of consecutive gains has built up a large amount of profitable positions. In the short term, there is no sustained drive to push higher. This morning’s spike is an excellent pressure zone. The need for a pullback and adjustment is already very clear; the short-term approach is mainly to short.
Trading suggestion
Short from 65000-65500
Target zone 62000-61500$BTC #USDT充值理财双重奏 #ETH站稳1900美元