7/22 Evening:



BTC is currently ranging and consolidating in the 65,800–66,000 area. The moving averages remain in a bullish arrangement. Price is still above the medium- to long-term moving averages, indicating that the 4-hour uptrend structure has not been broken.

Technical indicators: RSI6 is 48.6; RSI12 and RSI24 are 56.6 and 57.4, respectively. Overall, they are in a neutral-to-slightly-strong region.

In the short term, RSI has already pulled back from its prior high, suggesting that some upside momentum has been digested. However, it has not yet entered a clearly oversold zone. Therefore, if there is a pullback, it would still be a technical consolidation rather than a trend reversal.

Trading suggestion: #BTC突破66000美元

Big BTC: Go north from 65,200–65,700; target 67,000–68,000.

Second BTC: Go north from 1,900–1,920; target 1,980–2,030.
BTC-0.46%
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