7.26 early morning analysis

BTC current price is 64,168.0, a slight rebound up 0.40%. The intraday price range is 63,760.5–64,266.9. The 24-hour trading volume is 3.14B USDT. Market funds have continued to net outflow of 352 million, with insufficient long-side support; sell-off sentiment in the market has not eased.
On the 4-hour timeframe, after the prior rally topping out at the stage high of 66,924.1, long momentum has completely exhausted. The market has entered a persistent stepwise downtrend, with the price repeatedly breaking through multiple key support levels. Current price is in a narrow range consolidation at a low level after the decline; any rebound is weak and has not changed the overall big structure of flipping bearish from the high range. Yi Fan’s personal suggestion: sell target around 63,800–63,000#BTC #ETH #BTC走势分析 near 64,850–65,500