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7.20 morning analysis
In the early morning and the weekend we analyzed for everyone that it would go up. BTC is currently quoted at 64695.10, down 0.03% intraday, with an intraday trading range of 64259.60—65084.50. Market trading volume is 3.206 billion, with net inflows of 14.6 million on the order book. Low-position follow-up capital continues to provide support, but after rallying, profit-taking has suppressed the upward pressure. On the 4-hour cycle, a complete bottoming-reversal structure has formed: the price has risen continuously from the support at the lower Bollinger Band, 63043.26. The current price is firmly holding above the Bollinger middle band at 64126.09. The medium-term uptrend for longs is established; in the short term, it has entered a high-range consolidation and washout phase. A personal suggestion: around 63800-63000, target around 65000-65800. If it breaks above 66000, look for around 67000 #BTC #ETHETFsApproved #BTC走势分析