7.21 evening analysis


$BTC Currently 66,280.00, up 3.08% today; intraday trading range 64,044.60-66,337.20. Total trading volume for the day was 6.308 billion, with net inflow of 61.33 million from exchange-side funds. Incremental funds continue to enter the market, driving the price to maintain an upward trend.
After the market completed a bottom reversal at the low of 62,506.90, it formed a standard rising channel with higher lows and higher highs rising in sync. This rally surged to the stage high of 66,337.20, then faced slight pressure and closed with an upper shadow candlestick. The current price is staying close to the upper Bollinger Band. The medium-term bullish trend structure remains intact, while in the short term it has entered a stage where high-position profit holders cash out and the market consolidates to build momentum. At the same time, the order book also shows large main-lot sell orders resting on the screen; sell pressure above is gradually emerging. The target mentioned this morning (the “ideal entry/turning point”) is also about there now, so chasing may not make much sense. Let’s wait for the U.S. stock market to open in the evening. One personal suggestion from Yifan: around 66,450-67,300, you can short a small position, targeting around 65,400-64,800. Conversely, if it stabilizes, you can #BTC #ETH #BTC走势分析
BTC1.62%
ETH1.51%
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