7.22 BTC early-session market observation

Overnight bullish momentum continued to release. The price held above the 66,000 mark; in the early session, the high touched around 66,800. Throughout the day, capital inflows were obvious, the chart repair trend was clear, and on a daily level an uptrend structure formed with lows gradually lifting higher. On shorter cycles, bullish strength remained dominant, but after pushing up there is some pullback demand driven by profit-taking.

The near-term suppression range is 67,000–67,300, and 68,000 is a key medium-term pressure point. Below, the core supports are 65,400 and 64,400. Short-term moving averages continue to provide support; when price retests the support area, the absorption strength is sufficient. As long as the price does not effectively break down below, the overall upward repair structure remains intact.

Morning reference ranges:
1、Rebound to 67,000–67,300 箜, hold above 67,600, targets 65,400 and 64,400;
2、Pull back to 64,400–65,400 哆, hold below 63,700, targets 66,800–67,200.
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