7.23 King’s Capital mid-day big pie / second pie outlook analysis



BTC is currently seeing continued range rebound that is repeatedly blocked; the 66,800–67,200 heavy-pressure range is unlikely to be broken through all at once in the short term.
The 4-hour chart spikes up then falls back; bullish momentum keeps weakening. The hourly line has entered an overbought state, and the rise lacks incremental capital support.

The key defense support is 64,700–65,000. If support holds, the sideways consolidation pattern will continue; if support breaks, this rebound is over, and the market will return to the correction channel.

Trading suggestion: For the big pie, do a long at around 65,200. Target: 66,000–66,500.
For the second pie, do a long at around 1,920. Target: 1,950–1,980#BTC
BTC-2.30%
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TheFutureOfMonarchyIs
· 07-23 08:33
queen queen:3994
481
163
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BetaValue
· 07-23 07:26
Old Wang’s analysis here is solid—I followed the 65,200+ long position.
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NoSellClub
· 07-23 06:31
I think the 4-hour spike and pullback is a signal, but going long at 65,200 has a decent risk-reward ratio; it’ll depend on whether 64,700 can hold up.
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LongHook
· 07-23 06:10
Defending 64,700 is the lifeline—if it breaks during this rebound, it’s essentially a free loss, so be cautious.
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ArbitrageBot
· 07-23 05:11
The blogger’s thinking is clear, but I’m used to waiting for a golden cross on the hourly chart before jumping in, so I’ll observe for now.
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WhitelistHunter
· 07-23 04:51
I’ve also placed a long order for Ethereum at 1,920 and some more, but I’m even more worried that 64,700 won’t hold.
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