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7.28 BTC analysis
Analysis: Around 630, go long lightly; target 640.
Short-sell on any rebound in the 640–645 area; defend at 650; if it moves from 630 to 620, be careful.
Looking at BTC on the 1-hour chart: after yesterday surged to 65780, it quickly pulled back, with the lowest wick around 63021. The current price is consolidating and trading in the 63200 area. In the short term, the price has broken below the moving-average support, and bearish power is being concentrated and released. However, around 63000, buy support is relatively strong; this level is the key defensive zone for bulls vs. bears in this round. Market volatility has increased, and the struggle between bulls and bears has intensified. Don’t chase or panic-sell; wait patiently to enter at key price levels, strictly manage position size, and set stop-losses properly. #GateCard无需地址证明 $BTC