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7.24 BTC around 65,000; Qingcang duo; target 66,000
Ye Shifu plans to be around 66,000 Qingcang yi; stop loss 66,500; target 65,000. In these two days, the clearly visible trend has already begun to slow down, and it’s moving into a ranging consolidation zone.
For BTC on the 1H chart: after yesterday’s spike to 66,924, it started to fall, with the lowest touching around 64,600. Currently it has rebounded to around 65,000 and is consolidating there.
In the short term, price has broken below the short moving averages, and the rebound strength has weakened. However, below at around 65,000, it has been supported multiple times, making it a key battleground for bulls and bears.
On the news front, the market continues to focus on ETF fund flows and expectations for macro interest rates; market sentiment has been somewhat repaired recently.
But during the high-level consolidation phase, any news catalyst may amplify volatility.
With 9 years of trading experience, having gone through multiple full cycles of bull and bear markets, the more complex the market gets, the more it tests a trader’s cognition and execution.
Opportunities always go to the prepared. Profit comes from making precise moves after patiently waiting.
The market never rewards impulsiveness. The true winners are those who can stay clear-headed amid volatility. $BTC #BTC