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7.24 Jinglu Morning Brief Comment
BTC rebounded modestly from the low point in the morning, and is currently trading under pressure near the Bollinger middle band at 64,928. There is clear heavy resistance above at 65,190. The KDJ indicator has turned downward from a high level, and the bullish MACD volume momentum is gradually weakening. The rebound after the overnight drop is only a technical correction; the overall bearish trend has not changed. The morning rebound is a short-selling window, and there is still room for further downside.
Trading Recommendations
Short 65,200–65,800
Target range 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