7.28 BTC



BTC’s hourly line saw a spike yesterday to 65,780, then quickly plunged. The wick probed down to 63,021, and it is currently trading in a range around 63,200.
The price has fallen below the short-term moving averages, and bearish momentum has集中释放. However, the 63,000 support level shows strong buying/holding power, and it is an important inflection point in the current phase for buyers versus sellers.
Recently, the market’s consolidation range has widened. Avoid chasing or panic selling. Wait patiently for key price levels before taking action. Keep all operations with light position sizing, and strictly set stop-loss.

BTC trading plan reference layout
Entry zone: sell in the 63,900—64,400 area
Stop-loss: above 64,800
First target: 63,000, second target: 62,000

For short-term longs, you can try a light long around 63,000, targeting 64,000
BTC-1.66%
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TreasuryGuard
· 13h ago
The analysis is quite on point, but I think the current market is getting too many quick up-and-down needle moves; taking small stop-losses with a light position is a must, otherwise you’re likely to get hit on both sides. I’d still wait to short around 64,000—it’s more stable.
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VolatilitySleepbag
· 14h ago
If 63,000 can hold, then it really can last longer.
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