July 21【BTC】has been spot on for three straight days! Long on the 18th, wait through the 19th, and hold/take on the 20th—today 65,500 boldly short!



Are our thoughts for these past few days solid, or what? The 18th set 64,000 as a strong support; the 19th reminded you not to chase the price; on the 20th, after a pullback and confirmation, it directly called for a return to the initial strategy. We kept nailing the timing points along the way without any slip-ups—this pace is locked down tight. If you followed along, you should understand what “silky-smooth, taking meat” means, right?

Back to today’s chart: don’t look at how price is currently grinding around 65,300–65,500 and think everything is fine. On the news front, the volatility storm warning is out, and the regulatory hearing is set to land this week. Market sentiment is extremely fragile. There’s a high chance the main players will use a high-area move to lure longs and shake the market up. Technically, the 65,500 level has been tested several times, and every attempt brings long upper wicks—sell pressure is obvious. If there’s no strong volume behind breaking through the upper edge of the rising flag, it’s basically asking for trouble. Today, it’s highly likely to pull back and repair the space below.

For execution, do a reverse short:
Short lightly around 65,500—if there’s unexpectedly a chance to reach around 65,800, add a bit;
Set the defensive stop-loss firmly at 66,100. If it breaks, the structure is broken—just get out immediately; don’t hold it;
Targets first look at around 64,500, with profits taken along the way.

Remember: the plan is fixed, but the market is alive. If 65,500 can’t push up in this wave, this pullback is reasonable—hold steady, don’t panic. #加密市场回升
BTC1.69%
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