7.18 Chen Jie Big Pie Midday Analysis The data shows that the current net inflow of the Big Pie is -$47.71 million. Compared with the outflows in the previous two days that ran into the hundreds of millions, this has sharply narrowed, and the selling-pressure momentum from the shorts is in an exhausted stage. Although the CBI ratio is -70.42%, indicating that there is stage-by-stage order stacking suppression above, the coin price rebounded against the trend by +1.69%, which indicates that the buy-side inside the market that actively takes orders is extremely strong, and the main capital is accelerating in accumulating and absorbing at low levels. At present, the Big Pie price is trading around 63,970. On the 4-hour timeframe, after the price pulled back to the strong support at 62,505, it stopped falling and stabilized, then broke out into a strong V-shaped reversal and rally. It surged with increased volume, successfully broke through, and reclaimed the dual moving-average resistance at MA7 (63,642) and MA30 (63,867). The prior bearish drifting correction structure has been disrupted. The candlestick bodies have returned above the moving-average system, establishing a short-term reversal signal of flipping from bearish to bullish. The midday bias is firm—follow the trend and go long on dips. Trading Strategy Go long near 63,200-63,800, target 64,500-65,000-65,500; buy the dip at 62,500 #btc $BTC

On-chain data shows that since June, the panic sell pressure in the Bitcoin market has been releasing in an orderly manner. Analyst Murphy said that by tracking the 7-day net position change in realized market value, the current RC indicator has continued to stay in a deep negative range, meaning a large amount of BTC is changing hands at a loss, which is typically seen as a signal of a phase of “capitulation.” Looking back at the previous cycle, it took 261 days from capitulation to complete digestion; and in this cycle, since it was first triggered in January this year up to now, it has already run for 177 days, with the historical script repeating, but the pace is clearly faster. #GateDEX全面接入RobinhoodChain

The ninth stop of the Snowfield to Cang Plan has wrapped up successfully! Starting with 1.9w principal, cashing out 3w mid-way to exit, and at the current stage, the Cang position is once again back on its feet at 3.2w. Follow the rhythm—Shouyi will never be absent! $BTC $ETH $SOL