7.20 BTC morning analysis


At this stage, price is fluctuating back and forth in the high range. The resistance above is slowly being digested, and a small short-term pullback does not require excessive panic. Overall, the uptrend has not changed. Right now, the market is consolidating and washing out floating supply; there are no signals of a reversal to weakness. Don’t blindly stay bearish—wait for support to stabilize at lower levels before considering an entry.
Long-lower-buy reference range: 64,000-64,500. Stop-loss range: 66,000-67,500. Stop-loss band carried to 63,200.
Reminder: Market rises and falls are unpredictable—be mindful of position sizing and risk control. Personal views on the market are for discussion only #btc$btc
BTC2.00%
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ArtFund
· 07-20 04:52
It’s solid—just follow along and you’re done.
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OrdinalExplorer
· 07-20 03:30
The pins being inserted up and down here are too aggressive—I don’t even dare to move. I’ll wait and try the 64,000 node connection.
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WoolHarvester
· 07-20 03:04
Choppy market conditions are the most exhausting. Hold your spot positions and don’t waver; day traders can be as casual as they want. Personally, I think the strong support is around 62,000, but your range is also pretty reasonable—take what you need.
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HoneypotReverse
· 07-20 02:13
The analysis is spot-on. It’s true that you can’t blindly short right now, but you also need to pay attention to the depth of any pullback. If the price breaks the 63,200 stop-loss level, it may be necessary to reassess. Also, make sure your position sizing is well controlled.
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