7.27 Lu Hong — BTC intraday mindset analysis


Over the weekend, BTC broke the box-range consolidation pattern, officially exiting the upward channel. In the early morning, it surged to around 65,500 before meeting slight pressure. The weekly chart (周K) continues to oscillate and rise steadily, supported by the lower rail, with the medium- and long-term bull trend firmly rooted.
Observing the 4-hour chart: the price keeps running upward while relying on the Bollinger middle band. The MACD indicator turns upward from the bottom, forming a bullish crossover with expanding volume. Any pullback is just a shakeout—don’t be scared off by short-term dips.
Strategy reference
If price stabilizes near 64,800, enter long positions; stop loss 64,200
First target: 65,600
Second target: 66,600
Remember: don’t chase at high levels. Wait patiently for a pullback opportunity.
The trend-following bullish structure has already been established. Trying to “touch the top” against the trend will only leave you passively beaten.
#ETH重返1900美元 $ETH $BTC
ETH3.25%
BTC0.78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned