7.24 BTC evening order book observation



Overall, the market is weak and choppy throughout the day. Price keeps hovering around 64,400, repeatedly washing out. US Treasury yields continue to weigh on sentiment; trading activity is quiet, with strong wait-and-see positioning. In the short term, it’s difficult to break out into a one-way trend.
Resistance above is 64,900-65,500, with 66,300 as the key pressure point; support below is 64,300 and 63,660. As long as support holds, the medium-term range-bound structure remains unchanged.

Trading references:

1. For a rebound in 64,900-65,500, look for a pullback. Defend at 65,800. Targets: 64,400 and 63,660

2. On a retest of 63,660-64,300, take a small position to bet on a repair. Defend at 63,100, and watch for around 65,200#BTC
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PrivacyBTC
· 48m ago
If 64,300 support holds, going long with a light position has a good cost-effectiveness. Set a stop-loss at 63,100, with a target of 65,200. The risk-reward ratio is close to 2:1, worth taking the bet.
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BreakoutBob
· 2h ago
The analysis is on point; 63660 is the key—once it breaks, it’s ruined.
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AltCommander
· 2h ago
With U.S. Treasury yields held down and all funds in a wait-and-see mode, making frequent moves right now is likely to end up getting slapped back and forth. Just be patient and wait for the direction to become clear.
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