Crypto “Academician” in the coin world: Bitcoin (BTC) rebound momentum fades after 7.28—risk of a pullback to test support for “big cake” can’t be ignored? Latest market analysis and trading advice解析


  
  At present, Bitcoin is at 64,800. After going around in circles, the market has returned to the position from yesterday’s article. Yesterday, some coin friends left a comment in the section that the long-term setup missed the chance to ride north from 59,000 and 60,000. How long until the next opportunity? Most losses come from positions being opened in a rush, driven by impatience in the face of stillness. You don’t need to force yourself to take part in every segment of the market—just seize opportunities with high cost performance. Always put risk before potential gains. Market opportunities keep coming nonstop, so there’s no need to rush your move. Stay calm and wait for the market to form a clear structure. At that point, you just need to make your decision—don’t hesitate and freeze.
  
  On the daily K-line, price is oscillating and hovering near the EMA15 and EMA30 moving averages. The short-term moving averages form support, while resistance is above near the EMA60 line around 65,541. The Bollinger Band midline is 64,382, and the current price is trading close to that midline—bulls and bears are fiercely contesting. The MACD histogram red bars continue to shrink, and bullish momentum is gradually weakening. The prior low of 57,758 forms an important bottom for this cycle. The key overhead resistance is 67,262. On the daily chart, it still looks like consolidation inside a box after a low-level rebound. Without an effective breakout of resistance, it’s hard to open up room for a new wave of upside. Once the next time price loses the moving-average support, it will again test the support area below.
  
  On the four-hour K-line, Bitcoin has entered a narrow-range sideways consolidation area. The short-term EMA lines are sticking together and intertwining, meaning short-term volatility will gradually narrow and the window for a breakout is approaching. The Bollinger channel is starting to tighten: the upper band is 65,343 and the lower band is 63,655. In the short term, the market will most likely continue to oscillate back and forth within the channel. The 4-hour MACD fast line is slowly turning downward, with the red bars continuously shortening, indicating that near-term bullish strength has weakened somewhat. The first resistance overhead is 65,388, while the core support below is 63,882. In the short term, there’s no one-way trend; treat it primarily as range-bound trading and wait for a directional choice.
  
  Short-term reference:
  
  If the price holds northward without breaking below 64,000 to 63,500, set the stop-loss at 63,000, and the targets are 65,500 to 66,500
  
  If the price holds southward without breaking down from 67,000 to 67,500, set the stop-loss at 68,000, and the targets are 65,500 to 64,500
  
  Specific execution should be based on real-time order book data. For more information, you can check the author’s updates. This article has a publication delay; the advice is for reference only—risk is borne by the user
BTC-2.39%
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