7.19 Jinglu Big Cake Evening Brief Comment

The BTC evening chart continues to weaken. The price has stepped down all the way from the 64,942 high point. It remained under the Bollinger middle band throughout, with the upper band pressure continuously moving lower. Each time there is a minor rebound, sell pressure quickly floods in. The long side’s ability to absorb is completely insufficient. The short-term downtrend is clear, and the evening market continues with a weak corrective trend.

Trading Advice
Sell short at 64,500-64,800
Target range 62,000-62,500$BTC $ETH