U姐 7.27 $BTC Morning market analysis


BTC has been ranging above the Bollinger middle band on the four-hour chart, with moving averages tightly converged. MACD bullish momentum continues to fade, and there is a need for a short-term correction. If the price keeps coming under pressure and effectively breaks down 64,200, the pullback room will deepen further. The funding rate is at a low level, and there is no sign of the market crazily chasing longs, but the number of buy orders supporting at high levels continues to decline. Combined with the ongoing warming of US-Iran geopolitical news, the risk of market volatility is increasing.
Trade with a high-short approach: wait for a signal that pressure levels are being rejected, then enter at the right time.
For reference, set up short positions around 65,400–65,900, with targets looking toward 64,200.
BTC1.26%
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