7.23 BTC, around 66,500 with a “qing-cang” setup; target 65,000/64,500


If you want to do “duo” (long), then near 65,000 with a “qing-cang duo”; cut off at 64,500; target 66,000.
Looking at the 1H BTC chart: the price rebounded steadily from the 63,736 low, briefly topped out around 66,924, and then entered a high-range consolidation. Now it’s pulling back to around 65,700. Short-term moving averages have started to stick together, indicating bulls and bears have entered a tug-of-war phase. The 66,000-66,500 area forms a clear resistance zone above.
On the news front, ETF fund flows are warming up again and market risk appetite has somewhat recovered, but summer trading volume is low—so the market can easily produce quick needle-like wicks to shake out positions. Don’t blindly chase rallies.
With 9 years of trading experience and having been through multiple bull and bear cycles, the hotter the market sentiment gets, the more it tests a trader’s patience and execution.
People who can read the trend nail the direction, and only those who stick to discipline can laugh last. $BTC #BTC
BTC-0.51%
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