7.21 Chen Jie Big Pancake Evening Analysis

The capital flow shows a strong bullish resonance. BTC net inflow is as high as $838 million, continuing to surge significantly compared with the midday session. Leading funds accelerate scanning the order book, pushing the price higher. Meanwhile, the buy-sell ratio (委比) reaches +90.24%, indicating an overwhelming advantage from long buy orders stacked below; the bid-side support is extremely thick, and market sentiment is fully tilted bullish.

Currently, BTC price is trading around 66,193. From the 4-hour timeframe, the coin continues to maintain a strong primary uptrend breakout posture, once again sweeping to refresh the high point at 66,390. The moving average system MA7 (65,541) and MA30 (64,486) show a standard bullish golden cross with a divergent arrangement. Price stays consistently above MA7, and the overall upward trend is very smooth. Even if short-term profit-taking from higher levels is released, pullbacks to below support are still an excellent opportunity to look for long entries. For the evening, the trading mindset remains firm: follow the trend and go long on dips.

Trading strategy
Go long near 65,300–66,000, target 66,600–67,100–67,600, and (笋 64,600) #btc