7.27 BTC (big coin) early-morning market observation

During the early-morning hours, the overall market traded in a narrow range, fluctuating sideways. The price kept tugging back and forth around 64,000. The market is waiting for this week’s rate decision news, and traders are holding back with a strong wait-and-see sentiment. Early-morning liquidity is weak, with small wicks appearing frequently. For now, neither bulls nor bears have shown a clear push to one side.

In the short term, the suppressing range is 64,500–64,900, and 65,600 is a key strong resistance level in this phase. On the downside, the core supports are 63,660 and 63,200. After a consecutive pullback, short-term indicators are in an oversold area, and there is some buying/absorption power near the lows.

Early-morning reference ranges:
1、Rebound 64,500–64,900, defend above 65,200, targets 63,660 and 63,200;
2、Pull back 63,200–63,660, defend below 62,900, target around 64,400.
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