July 24 Early-Morning Brief Analysis

Late at night, BTC dropped nearly 2%, with net capital outflows of nearly $400 million, and selling pressure was evident.

The price was hammered down from 66284 to around 64688. It has rebounded slightly now, but the rebound strength is weak. The key is whether the low at 64688 can hold; if it breaks, price may continue to probe lower. For overhead resistance, first look at 65200, with strong resistance at 66000.

Liquidity was thin late at night, so volatility can be easily amplified. In the short term, the downside side has the upper hand, so it’s not advisable to blindly bottom-fish. Wait for a stabilization signal or trade during the day instead—keep your hands under control and don’t act on impulse. 😴#夏日创作营