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Yunshu 7.21 BTC noon update $BTC
BTC early morning surged to and tested the 66711 phase high. However, volume follow-through was insufficient, resulting in a long upper wick. Selling pressure at high levels increased, and the tug-of-war between bulls and bears intensified.
In the early hours, a 66127 long was entered, with 66566 taken profit, securing a 439-point upside space. Don’t chase the entire range; prioritize holding onto existing profits.
The chart saw multiple pullbacks that attracted capital to take over; the mid-term long-side structure remains intact. The daily MACD golden cross continues, with the red histogram shortening. Incremental capital is absent, so in the short term it maintains high-level consolidation and recovery. Breakout validity at the key level 66700 should be observed.
Midday strategy:
BTC long from 65500-66000, target 67500
ETH long from 1880-1910, target 2000