7.23 BTC chart overview



Direction: Push higher then pull back; focus on rebound control, with minor support at lower levels.

Support (哆): Around 65,500-65,600, stop-loss at 65,300, targets 65,900 / 66,100;
Control (控): Around 66,100-66,200, stop-loss at 66,350, targets 65,700 / 65,500.

BTC rose to 66,284 and then kept falling. Current price is around 65,825. On the 1-hour timeframe, there have been consecutive bearish candles. Short-term upward momentum has weakened, and selling pressure above has started to show. The AVL moving average line at 66,016 is acting as resistance overhead. Price has already broken below MA(7) at 65,825, and the short-term structure is relatively weak.

The 66,100-66,200 area is a short-term resistance zone (near the high around 66,284). If a rebound reaches this area but fails to break out with volume, you can consider going short and taking control. Support is concentrated around 65,500-65,600 (prior lows and near MA(30)). If price retraces into this range and stabilizes, you can lightly attempt a rebound to bet on short-term repair. If it breaks below 65,300, the support structure will be blocked, and the downside will look at 65,100-64,900.

Key range: 65,500-66,200$BTC #特斯拉持有11509枚BTC近四年未动
BTC-0.66%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned