July 23 Midday Analysis

The price continues to slip to 65,681.8, with the decline widening to 1.00%. It has tested support near 65,500 for a second time during the day. Net capital inflows have risen to $62.89 million, but the price hasn’t followed through, forming a “capital inflow without a rally” divergence signal. Be cautious of a bull trap or behind-the-scenes accumulation by dip buyers.

Technically, the market remains in a continuous bearish alignment. The 66,300–66,400 area overhead has turned into strong resistance. If the 65,500 support line is broken, it may accelerate the move lower; if it holds, there is a chance to recover to above 66,000.

For execution, due to unusual capital movement, stay on hold for now; aggressive traders can try a bull trap near 65,500, and if it breaks down, strictly cut losses. Support: 65,500. Resistance: 66,300. #特斯拉持有11509枚BTC近四年未动