7.21 Jack Evening BTC Market Overview Analysis

This uptrend remains relatively clear this round, with price gradually rising while fluctuating. After pushing toward the 66,956 area and sprinting past the local high, the upward momentum has begun to slow down. The price is currently ranging around 66,743.
In the short term, the price still firmly holds above the two moving averages, and the larger-direction support is still there. However, multiple attempts to break out in the high area have failed to sustain and make new highs, so there is a near-term need for consolidation.
For downside key support, first watch the 66,508 level. If this range is defended, the market still has a chance to attempt another push higher. If support breaks, it will most likely trigger a deeper pullback correction. #比特