Zhang Lihui 168118 July 20, 2026 00:26 Beijing Time | Edited: Bitcoin market analysis and trading suggestions: #PreIPOs第二期OpenAI认购

On the Bitcoin 4-hour chart, the Bollinger Bands still maintain a parallel trend. During the day, prices are again pressured and moving downward after bumping into the upper band. Currently, the candles below are testing the key support of the middle band and MA60. In the MACD, the histogram above the 0 axis has reduced volume, and the fast and slow lines are continuing to converge. The KDJ and RSI have not changed their downward trend after topping and turning; the need for a short-term pullback remains. If price breaks below the middle band and MA60, you can take the lower band and MA180 range. This is also the key level for the trend’s long side to lift—also the key defense zone for the daily middle band and the MA30 range. If a breakdown occurs and the price retraces to below 61,000 and near the lower band, there will be a deep long position liquidation exceeding $3.9 billion. Therefore, when testing a long position at the middle band, please be sure to place a stop loss. Lihui still believes that it is most稳妥 to choose high-short positions for rebounds into the 1-hour upper band!

Today’s Bitcoin long suggestion entry #1: lightly go long below 63,100, stop loss below 62,500, target 64,000–64,900. If it breaks 65,300–65,600, you can continue to hold!

Today’s Bitcoin short suggestion entry #1: lightly go short above 64,900, stop loss above 65,600, target 64,100–63,100. If it breaks 63,000–62,500, you can continue holding down to below 61,000! Specific short entry opportunities:

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Article review and push may be delayed. Markets change in an instant. Specific entry opportunities must be based on live trading operations; follow real-time notifications. The article’s suggested entry levels are for reference only—do not take large positions. Place take profit and stop loss before entering, and take profits when you have them!