July 22, 2026 (the level reference is only valid for that day)

Market tone: On the larger timeframe, the weekly chart is still in a weak recovery after the prior downtrend; the daily chart is in a rebound. Holding 65,800 intraday today keeps the bias strongly bullish. If it can’t hold, it’s easy to see a failed breakout and pullback. Over the past week overall, price rose while positions decreased; yesterday from 8:00 AM to 12:00 AM (midnight) saw a rapid switch to price rising and positions increasing, which is the largest period of position growth in recent times. Later overnight, price fell and positions increased, but the price recovered most of the way back. From 1:00 AM to 6:00 AM, net positions decreased, and all the positions added overnight were fully unwound. Current price is ranging below last night’s high of 66,900 and above 66,100. The key now is whether the net positions added yesterday can keep being held, and whether the daily chart can complete the first BOLL upper-band breakout to the outside of the band since May 7 with a closing. If it stays firm at 65,800, look at 66,900, then 67,300; if it falls back below 65,800, this breakout is invalid.

BTC key levels:
66100
Daily line for long/short split: 63,800
Resistance levels: 66,900, 67,300, 69,900
Support levels: 65,800, 65,200, 64,700