July 22 midday analysis

The resistance level is 66,924. Support below is at 65,333. The current price of 63,317 is near the upper end of the range. The K-line leaves an upper wick, indicating sell pressure at the higher level.

On-chain data shows that new addresses with 40x leverage opened 181 BTC long positions that are currently in floating losses, suggesting that after a short-term spike, the price has pulled back, and high-leverage longs were “pinned” and liquidated. If they cannot break through 66,924 with increased volume, it is likely to retest 65,800-66,000 to confirm support.

Personal suggestion: 65,300 is the defense line. For shorts, wait for a pullback to the support area, then enter only after a low-volume stabilization. Don’t chase the price higher. If the price breaks above 66,924 and holds, then it may test the previous high. #BTC突破66000美元