7.29 BTC outlook + trading suggestions

Outlook
At the current level 63,938, bears still firmly dominate the order book. Under continued 24-hour selling pressure, the short-term rebound is only a weak technical recovery after a big drop. Layered overhead resistance keeps suppressing price action; bulls cannot quickly reverse the weak pattern. Overall, the short-term trend is more sideways-to-weak. Don’t rush to bottom-fish in a reversal bet. Instead, prioritize setting up positions along the resistance side, and wait until the rebound has fully played out before entering shorts, while also closely watching the key support below. Once support breaks, downside room will open further.
Trading suggestions
Place short orders in the rebound resistance zone: 64,200–64,500
First take-profit target: 63,600–63,300
Second take-profit target: 63,100–62,500$BTC $ETH #USD1持币生息最高8%