July 25 BTC Midday Brief Analysis



BTC is now at $64,000. Over the past 24 hours, it’s down 1.67%, and the market looks a bit weak. The daytime high was 65,780, and the low dipped to 63,700. Near-term support is around this level.

On the K-line, the price is being kept down by the moving averages; sell orders are in control, and the rebound strength is just so-so. A lot of funds have left the market, and overall sentiment is cautious. Technical indicators like Alligator and AO show that it hasn’t fully stabilized yet, and there’s a high chance it will continue to range.

In the short term, first watch whether 63,700 can hold up. If it can’t, it may probe lower as well. For trading, don’t rush to buy the dip—wait for signs that things have stabilized.

Look more and move less in this market—protecting your principal is the priority. #夏日创作营
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