7.28 evening analysis

The current market is in a weak, range-bound structure. On the hourly timeframe, price has been under sustained pressure below 63,600; the rebound strength is limited and it has never managed to make an effective recovery. The 63,000 level has not been broken through for now, but the pullback lacks momentum, and the broader short-side framework remains firmly in place. Overall, the structure still belongs to a downward continuation phase, not a stop-the-fall and stabilization signal. The current consolidation is more likely a stage where shorts are building up strength, waiting for a further dip once volume and energy align.

For the “big cake” target, continue to watch around 62,000. Be patient and wait for a volume-backed breakdown confirmation. Ethereum is expected to follow along in sync; once the rebound is in place, you can selectively follow up on the short positions when the timing is right. #比特币$BTC $比特币$