7.26 Jack evening BTC analysis


The market has been under pressure from the high point 66,956.15 and continued to fall in a downward move. The moving averages continued to suppress the price downward; several minor rebounds in the middle failed to reverse the downward momentum. The market continued to dip to a low of 63,739.75 before finally fully stopping the selloff. After bottoming out, the market slowly recovered, using the moving averages to range and lift, and it has formed a sustained repair and rebound. The current price is 64,474.01, and it is in a range-bound consolidation phase following a rebound from the low.
From a long-term weakening, to a deep bottoming out, and then to steady repair and recovery, I previously already made advance analyses and scenario planning for each high/low turning point and key support/resistance zones. Going forward, the market trend and my judgment are highly consistent#币圈##区块链##大饼 #比特
BTC1.26%
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GasAuctionAnalyst
· 8h ago
Steady—kept up.
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MEVCoder
· 8h ago
Bro, your analysis has always been spot on. This time you caught the low point beautifully. During the rebound and repair, let’s see whether it can hold steady at 65,000.
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