7.24 BTC morning analysis:

BTC is taking light short entries in batches around 65,200/65,800, with the target looking toward 64,500/64,000.
If you want to do “dá” (short), you can take light short entries in batches around 64,500; stop at 63,800; the target is looking toward 65,200/65,800.

BTC on the 4-hour cycle: the latest candle formed a “bare head big bearish candle” pattern. The close price equals the low of that candle, which is a typical “head-top” active distribution (dump) formation. The sell pressure is concentrated and being released from the order book, the market’s short-side confidence is insufficient, and overall sentiment is leaning toward cautious and bearish.

With the supporting MACD indicator, the DIF line has crossed below the DEA to complete a dead-cross structure. The bearish momentum histogram is in the negative range, and its scale continues to expand. Technically, it confirms that the current market is in the main sell-off phase, with strong downward momentum. $BTC #布伦特原油重返100美元 ‌