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Yunshu 7.23 Biscuit Morning Outlook
Over the past 4 hours, volume has shrunk, the Bollinger Bands are tightening, and the market is building energy while waiting for a breakout.
65800 is the intraday strong/weak line. If it holds, momentum will be relatively bullish; if it breaks down, the pullback is likely to deepen.
A breakout without volume faces heavy resistance. Chasing gains at high levels has poor risk-reward, so it’s not advisable to be aggressive.
Strategy: Buy in batches on pullbacks at 65000-65500. Targets: 66300/66800. Keep position size light and control risk.
Note: This is only market analysis and does not constitute investment advice. $BTC