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7.20 Qingchuan evening BTC and second coin pair review
BTC is currently consolidating around the 64,200 level, having fallen below the 64,000 psychological mark. The 4-hour structure is still above the EMA120, so the mid-term uptrend structure has not been broken yet.
But the price has pulled back to the area near below the short-term moving averages and the Bollinger Bands midline; combined with simultaneous weakening in momentum and capital flows, the short-term bears have the temporary advantage.
Trading suggestions:
BTC: move south from 65,000-64,500, target 63,500—62,000
Second coin: move south from 1,900-1,870, target 1,800-1,750#GateDEX全面接入RobinhoodChain $BTC