7.12 Jinglu Evening Big Pie Quick Review



After the big pie surged to a high of 64,680 earlier on, the upward momentum completely petered out. The market repeatedly tested higher levels but failed to break the previous high; the selling pressure from above has remained clearly prominent. The current price is hovering around 63,850. The rebound strength is weak, long-side buying pressure is insufficient, and a large amount of profit-taking sell pressure has piled up at high levels. There’s a high probability that the evening market will oscillate and drift downward for adjustment.

Trading suggestions
Short from 64,000-64,500
Target range 61,000-60,500$BTC #GateUS合规扩展佛罗里达 #美伊战争阴云再起 #美伊战争阴云再起
BTC-0.11%
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YieldBonsai
· 7h ago
Seeing 61,000 is a bit aggressive, but since the momentum has already started to wane, taking profit in batches is safer
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HotAirBalloonViewingSchedule
· 7h ago
This short-selling idea for the 64,000–64,500 range is indeed solid—at the high level there’s sluggish movement and repeated failed attempts to push higher, and the bears clearly have the advantage.
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