7.25 Jack Morning BTC Analysis and Strategy

Before the intraday session, the market surged to a high of 65,134, then continued to weaken. The price quickly dropped and briefly touched the low at 63,740. After a near-term bottom formed, the market entered a sideways consolidation and repair phase. #币圈##区块链#
From the moving average trend, it’s clear that the medium- and long-term moving averages are still pressing down on the price. The short-term moving average is temporarily flat, and the price is making narrow fluctuations around 64,100. The MACD indicator is also operating in a relatively weak range, and the bulls-vs-bears standoff is temporarily balanced.

Trading suggestion: go long
Trading range: 63,000-64,000
Defensive stop-loss: 62,300
Ziying: 64,800 #大饼