7.23 Jinglu BTC evening quick review


After BTC probed the low at 64,812 in the evening, there is a technical need for a repair; in the short term, a modest rebound is likely to come. However, the 65,283 Bollinger middle band above exerts strong pressure; large sell orders remain under sustained pressure. The MACD bearish structure has not changed, and the rebound is only a brief technical correction after the decline. Once price reaches the resistance zone, you can flip to short in line with it and continue to track the subsequent downward trend.

Trading advice
First, aim higher to 65,500-66,000
Then look back down; after that, watch for 63,500-63,000$BTC #SEC警告链上借贷或涉证券监管 #特朗普警告9月政府停摆
BTC-1.43%
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