On Tuesday, July 21, in the final week of this month, compared with the beginning of the month—did you have a pretty good haul? At least, the brothers who are keeping up with the top-tier peaks have all doubled, right!

Let’s see how today’s moves play out. In the news cycle, the geopolitical situation keeps flipping and stirring the market: rumors of a ceasefire in Iran were quickly followed by confirmation of a pullback, oil prices rebounded again, and inflation worries are heating up once more.
The Fed’s policy expectations are cautious, and in the short term there’s no clear bullish or bearish signal.

ETF flows saw a modest net inflow, and spot buying has warmed up a bit, but the incremental capital is still insufficient—whether the rebound can sustain remains questionable.

From a technical perspective, the 4-hour Bollinger Bands midline has been turning upward; after yesterday’s push to test the heavy resistance at 65,700, it met pressure and fell back. It’s currently in a range-bound consolidation-and-repair phase. The RSI is at 60: market sentiment is leaning bullish and hasn’t entered overbought territory. The intraday pressure level is 658; if it holds and the rebound extends, more upside room for longs can open up.

In summary, for today’s short-term trades, watch the gains and losses around 657. If it consolidates effectively and extends upward, go with the trend. If it meets resistance and pulls back, then consider entering a short. Overall, the market is in a choppy, rebound-leaning pattern rather than a one-way surge—don’t blindly chase longs. $BTC $ETH $IOST