7.22 BTC Evening Chart Observation

During the day, it surged to a high of 66,900, then faced pressure and pulled back. In the evening, it maintained a range-bound, sideways consolidation. During the upswing phase, there was insufficient incremental capital. At higher levels, profit-taking was gradually realized, and short-term upward momentum visibly weakened. In the evening, it mainly conducts repeated wash/whipsaw trading within a range, and for now it is still difficult to see a move into a one-way trend.

The near-term suppressing range is 66,500–66,900, while 67,300 is the medium-term strong resistance. Below, the core supports are 65,000 and 64,400. When it revisits support, there is follow-through capital taking over, and until there is no effective breakdown of the prior levels, the medium-term consolidation-and-repair structure has not been destroyed. Short-cycle indicators are weakening, and there is a possibility it will continue to probe lower to test support.

Evening reference ranges:
1、Rebound 66,500–66,900 箜, defend above 67,300, targets 65,000 and 64,400;
2、Pull back 64,400–65,000 哆, defend below 63,700, target near 66,300.
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