7.25 Jack afternoon BTC trend analysis

The market began a continuous decline from the high point 64,155.51. The price kept dropping sharply; although there were a few rounds of small pullback and recovery in the middle, the short-term moving averages suppressed the chart throughout. Every time the price tried to push upward, it met sell pressure and then fell back. The overall downtrend has not changed.
The market tested the lows multiple times, with the lowest reaching 63,967.72. At present, the price is trading around 63,988.01, still in a weak consolidation state. The complete cycle of this round—falling, rebounding, and then falling again—the key pressure and support levels, I had already analyzed and forecast in advance. The market’s path matches the projected thinking exactly.
Many friends dealing with this kind of choppy downtrend are prone to operational mistakes: they rush in just on a small rebound, ignore the ongoing sell pressure above, and end up repeatedly losing money with whipsaw trades. Only by fully understanding the moving average trend signals and clearly distinguishing the key support and resistance levels can you avoid invalid moves and catch the market’s timing. #带单 #大饼 #比特