$BTC July 26 evening analysis by the boss

Earlier it was already clearly indicated that the upside room for this rebound is limited. Around 645 is the short-term resistance zone, suitable for setting up a short position.

In the evening, the market pushed up to test the high around 646. The price failed to hold and stand firm at the resistance level, then turned and began to fall. The current price is trading around 644.

From the one-hour Bollinger Band shape: the upper band has flattened, while the middle band and lower band continue to move upward. The overall chart structure slightly favors a bullish configuration, but the momentum for sustained bullish push is clearly insufficient.

In the short term, bulls and bears are in a tug-of-war. There’s no need to rush into frequent entries; you can patiently wait for a clearer signal before placing setups.

Resistance above: 645-650
Support below: 635-625