The big pancake can’t break through the 660–670 prior high again; it is once more under pressure and moving downward.
MACD still retains some momentum, but the moving averages are clearly suppressing. There is a strong need for a short-term rebound, yet the broader outlook remains under pressure.
On the daily chart, price action is converging and consolidating in a choppy range. The highs and lows are drawing closer. We are waiting for a breakout to choose a direction; a rebound will likely lack strength and probe lower again.
Key support is 624, with 615 as the main level to watch. If it breaks, look for 590.
Resistance is 654–664.
Near 670, you can test the trade; after the final drop lands, then focus on positioning more carefully.
$BTC #比特币徘徊63500美元 #美元跌至10周低点 #CME九月加息概率降至30.6%
MACD still retains some momentum, but the moving averages are clearly suppressing. There is a strong need for a short-term rebound, yet the broader outlook remains under pressure.
On the daily chart, price action is converging and consolidating in a choppy range. The highs and lows are drawing closer. We are waiting for a breakout to choose a direction; a rebound will likely lack strength and probe lower again.
Key support is 624, with 615 as the main level to watch. If it breaks, look for 590.
Resistance is 654–664.
Near 670, you can test the trade; after the final drop lands, then focus on positioning more carefully.
$BTC #比特币徘徊63500美元 #美元跌至10周低点 #CME九月加息概率降至30.6%