7.20 evening analysis

Today, whether it’s BTC or ETH, it’s following the morning plan I shared. Currently, I’m taking profits and then doing re-entries (buying back). This kind of back-and-forth control of position sizing helps you execute well; I’m sure everyone ate well today. Currently, $BTC is quoted at 64,350.0, down slightly 0.33% intraday. The full intraday range is 63,736.1–65,084.6 (perfect entry/exit levels). Total market trading volume for the day was 8.14B, and net inflows of funds on the order book were 40.13 million.

Previously, incremental funds entering from lower levels continued to push the price up, driving it to a high of 65,084.6. Afterwards, large sell orders above the market集中 appeared, and the long-side profit-taking was realized in bulk, causing the price to drop quickly and close bearish. The current price is consolidating around the Bollinger midline. The upside momentum has clearly weakened, and the market has officially entered a high-level pressure-and-consolidation phase. Now there is support below and sell pressure above. Today, all “snowfield” strategies were also high-sell and low-buy. If I may give a personal suggestion: short (sell/hedge) around 65,000–65,800, target 63,800–63,000. Conversely, if it stabilizes and holds, then consider a further low-buy #BTC #ETH #BTC走势分析