7.28 big cake$BTC pullback into the 63,000 range allows a light-position long setup. The first target for a short-term rebound is to watch 64,000.

If the price rebounds and reaches 64,000–64,500, suffers pressure and stalls from rising, you can open a light-position short. If the market spikes higher to probe 65,200, you can add to the shorts to cover additional short exposure. Maintain one unified defense for the overall short positions at 65,500. Take profit on the downside in two stages: 63,000 and 62,000.

From the 1-hour chart structure, after this round of BTC surged to a highest point that touched 65,780, it was dragged down by macro sentiment ahead of the Federal Reserve’s rate decision and large outflows from US spot ETFs. Leveraged funds then concentrated their exits, causing a rapid plunge. During the session, the lowest wick reached 63,021, and the current price is consolidating and grinding around the 63,200 area. On the 1-hour timeframe, price has fallen below short-term moving averages across the board. Bearish short-term sell pressure has been fully released, but the 63,000 level has repeatedly absorbed bids to stop the decline; the long-versus-short game here has formed a key turning point.

With risk-avoidance sentiment heating up across the whole market, major coins weaken in sync. In the short term, there is no clear one-way signal, so it’s suitable to trade back and forth within a range. If it builds volume and holds above 65,500, the downside structure of this round is broken, and the entire short-setup thesis becomes invalid. Once it effectively breaks below the 63,000 support, the downside space is fully opened. Then abandon the long idea, and don’t chase shorts following the trend; also, don’t open positions casually in the middle of the range—stay on standby. All actions must strictly include stop-losses to avoid the risk of getting blown up by wick-spike liquidations. #Strategy首次回购STRC