July 10, midday
BTC saw a strong pull earlier this morning, touching 64,164.8, but failed to hold the level. The head of the move lacked follow-through momentum, and the market quickly turned and dropped. It is currently trading around 63,886.4. The near-term resistance level above is 64,130, while the initial support to watch is 64,052. After the advance, the move’s momentum is insufficient; once it surged, sell pressure appeared quickly, and the short-term market has officially entered a pressure-and-correction rhythm.
Recommendation
BTC: Place orders around 64,200–64,500; target 62,200–63,0
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