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7.21 morning analysis
$BTC current price is 65,155.3. It rose 0.96% during the day. The complete intraday trading range was 63,736.1 to 65,788.0. Total market turnover for the entire day was 11.02B, with net inflows of 503 million. Incremental capital that continues entering the market is propping up prices while keeping them at a high level. The price action is moving exactly according to the levels I predicted yesterday: the range is 63,800-65,800.
After forming a bottom reversal structure from the low at 61,520, the market moved out of a standard rising channel, with both the lower and higher points steadily lifting in parallel. After this rally reached the 65,788 phase high, it fell slightly under pressure. The current price is running below the Bollinger upper band. The medium-term uptrend is intact; in the short term, it has entered a phase of profit-taking digestion and consolidation buildup. One individual suggestion: aim for 65,800-66,500 around 63,200-64,000#BTC #ETH #BTC走势分析