7.21 BTC Market Flow Analysis



BTC “Silk Road” Reference Layout
Entry Range: around 65,300—65,800 near **Kong**
Stop/Trigger: above 66,200
First Target: 64,800, Second Target: 64,300

Yesterday it spiked to 65,000. Many people came to ask me: “Did the direction get it wrong?” No. The targets I predicted yesterday had already been reached by midday. The positions my people were supposed to exit have already exited—profits are in the bag.

One bullish candle can’t change someone’s worldview, and what’s more, this bullish candle didn’t even bring out any decent volume. If it can’t stand firm after going up, then how it rises is how it falls. I’ve seen this script too many times.

Today, the 65,300—65,800 range is exactly pinned where the earlier phase’s dense trapped positions are concentrated. Above it, everyone is waiting to exit at breakeven. Do you expect the bulls to spend money to rescue people? Don’t be naive—the market never does charity. A rebound back into this area is an opportunity for shorts. As long as 66,200 isn’t broken, the bearish structure remains unchanged.

Watch 64,800 first—if it breaks, then look lower toward 64,300. Don’t let a one-day rebound scare you. Trends aren’t built in a single day, and they can’t be changed in a single day. I’ll say it again: if the direction is right, the rest is up to patience. #GUSD年化升至3.8% $BTC
BTC1.30%
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RoyaltyRebate
· 07-21 02:23
There really wasn’t volume from that move yesterday, and the short position is still being held firmly.
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GalxePointKing
· 07-21 02:17
I’ve noticed that around 65,500 there’s indeed heavy sell pressure, and the volume-price divergence is obvious. You picked the spot pretty accurately. But is your stop-loss at 66,200 a bit too tight? BTC has big volatility, and the chance of a spike or wick is fairly high. In my previous trades, I kept getting stopped out and then it dumped hard—so tiring. How should I control my position now? Half position or a light position?
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