7.23 BTC: Clear high-level stagnation signal; a rebound is a good opportunity for doing shorts

$BTC
Entry: Around 662, short; see 650-640. If you want to do calls, you can wait for stabilization around 650 and then go long.

After the coin surged to 66924 and reached the local top, it quickly fell back. It has printed consecutive bearish candles, breaking through the short-term moving averages. The bulls’ rebound lacks strength, and the high-level top signal has been gradually confirmed. The core direction today is, from a subjective standpoint, shorts: every rebound is an opportunity to short and enter. On the 4-hour timeframe, the short-term moving averages have already turned downward; price remains under sustained pressure. After high-level volume and stagnation, bull momentum keeps fading, and there are clear signs of capital fleeing. It has already entered a pullback cycle—do not blindly bottom-pick and go long; following the trend, shorts offer the best value-for-money #BTC突破66000美元