7.24 Market Panel Sentiment Analysis

BTC Silk Road Reference Layout
Entry Range: around 65,500—66,000
Stop: above 66,500
First Target: 64,800, Second Target: 64,000

After a four-hour spike and pullback, selling pressure was concentratedly released near the top. The Bollinger Bands are opening downward, and the overall trend is under pressure. 65,000 is the intraday threshold for determining strength and weakness. If it holds, only a weak corrective rebound is likely; once it breaks, price will continue lower to test the prior low.

After the earlier high at 65,789 met resistance, capital continued to exit steadily. After a drop on increased volume, the rebound’s upside momentum was severely insufficient. In the short term, it’s difficult to reverse the downward structure. The risk of pursuing would be high, with low margin for error #SEC推进美股24小时交易 #美国对60个经济体加征关税 #电竞巅峰交易季 $BTC $ETH