7.10 Early Morning: BTC



BTC saw no major volatility throughout yesterday. This short-term rebound looks like it’s moving upward, but the upward momentum is clearly not keeping up. Overall, price is still being trapped in a sideways trading range, repeatedly pulling back and forth without breaking out. Although the price has moved above the BOLL middle band, the upper band faces heavy resistance. Continue to firmly maintain a bearish view in the early morning. $BTC

Short around 63300-63800, targets 62000 and 61000.
$LAB #特朗普宣布美伊停火结束
BTC1.41%
LAB-10.30%
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RocksUnderTheAurora
· Just Now
Once Trump’s news came out, risk assets shook all over; Bitcoin followed the drop instead of rising—watch 62,000.
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Post-RainReflectionsMarket
· 28m ago
Middle band holds steady but upper band is pressing down, shorting at this position indeed has the best cost-performance ratio, and stop-loss is also easy to set.
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