Tongge 7.21 BTC outlook


Enter into $BTC around 655-658, stop the selloff at 663, first target 643, second target 635.

Yesterday’s price action tested lower twice, but neither time broke into follow-through. Tongge adjusted his thinking in time and went the other way, entering to take a bite and secure the edge.

This rebound looks quite strong, but the problem is still the same old one: it’s not hard to push up; it’s hard to hold your ground.

Being above 655 isn’t a fresh position—there have been multiple prior tests where sell pressure appeared. Pushing the price up relies on sentiment and momentum; truly holding steady depends on capital relay. Break out and hold with increased volume, and the pressure will open up; push higher on low volume, and pullback to digest is a normal trend.

Before the position breaks through, don’t rush forward—let the market reveal its cards on its own.
BTC0.69%
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