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On Sunday, 7.19, BTC remains at high levels and continues to be a short setup.
Yesterday was Saturday—traded sideways all day. Early this morning, it began a steady, gradual rise, and it has since moved upward to 650, where it stops for now. The short-term rebound is basically done.
On the 4-hour chart, the Bollinger Bands are contracting downward. After a short run of consecutive green candles pushed price up and broke through the midline, it’s still being held back by pressure from the upper band. This rebound is not a reversal, and the overall range structure has not been broken. Just treat the intraday push-up as it comes.
Reference: short around 648 and 653, targeting 630–615 downward.