$BTC Can BTC still surge up?

Yesterday it crashed hard, with no warning. Borrowing what senior Z said: “Three shots to test the top.” Which top? 65747—three attempts, but it never broke through. Now BTC is back to its old routine, breaking down from the upward channel. Current support is at 63170; if it can’t hold, then we’ll look at the prior low of 62505—note, just “look,” the corresponding resistance level is 62586. On the square, people will probably be calling to break 60k again; most likely it’s the same crowd that was shouting about 70k. So what’s the play next?

BTC afternoon strategy on July 28

1. Right-side trading

· Longs: Wait for a volume-backed breakout above 63861, then chase. If the 1-hour chart holds above 63861, targets are 64470–65050.
· Shorts: Wait for a volume-backed breakdown below 62820, then chase. If the 1-hour chart breaks below 62780, targets are 62500–62300.

2. Left-side trading

· Long orders: Place bids in the 62000–62500 range.
· Short orders: Place offers in the 64500–65000 range.

3. Battle zone (short-term)
During the day volatility hasn’t been big; it’s currently more range-bound. In the afternoon, these two ranges are worth testing—quick in, quick out:

· Short-side play: around 63861–64117.
· Long-side play: around 62586–62330.

These levels are for reference only—everything depends on the live price action.