7.27 big bro, second bro, intraday thoughts

Over the weekend, the market maintained a small-range consolidation and choppy structure. After prices dipped to around 64,300 in the early morning hours, long-position capital continued to step in and press, pushing the price up to the 65,500 area.

At the daily timeframe, volume completed the switch from contraction to expansion, and the candle closed in a bullish shape. On the four-hour cycle, long momentum continued to release, with the price testing the upper band and forming an upward-crossing move. After the hourly spike, it closed a doji, and bulls and bears entered a brief tug-of-war.

We’ve already taken profit on our earlier #Gate事件合约首发狂欢 /$BTC open position! Look for a pullback to the downside intraday!

Big bro: reverse resistance at 65,300; 65,800 faces pressure. Support below at 64,000 and 63,300.

Second bro: reverse resistance at 1,950; 1,980 faces pressure. Support below at 1,910 and 1,850.