$BTC 7.11 BTC mid-day analysis

At present, the price has been maintaining a choppy range between 62,000 and 65,000. As the earlier panic sentiment gradually fades, market confidence has been somewhat restored, but the tug-of-war between long and short sides remains intense. Currently, the coin price has stabilized above 63,000, and short-term funds are showing a slight inflow back. Next, the market’s core focus will center on changes in ETF fund flows and the evolution of macroeconomic expectations.
Technical trend and key levels
On the daily timeframe, it has preliminarily formed a staged bottoming structure. Around 63,000 is gradually being established as the key support for the short term. The outlook faces two key directions: if it can strongly break through the 65,000 resistance level, the price may move upward to test the 68,000 area; otherwise, if support in the 62,000 range is broken, traders should be wary of a further pullback toward the 60,000 psychological level.
　　Trading suggestions
　　Go long around 63,800—64,000, target 64,500—65,000#比特币