7.26 Sunday BTC

Currently, geopolitical bearish signals continue to show up in the market, and the overall rebound strength is weak. In the short term, the idea of going short in line with the trend remains.

Both sides of Iran and the U.S. have continued to issue tough statements, making it clear that their demands have not been met or that they will take military action. The core dispute revolves around control of the Strait of Hormuz.
Geopolitical tensions remain high, macro risk-avoidance sentiment is intensifying, and overall it’s bearish for the crypto market. Any rebounds on the chart are merely for repair and do not have reversal strength.

BTC layout idea (reference)

Entry zone: short positions around 65,000—65,500

First target: 63,500
Second target: 63,000#夏日创作营