Daily market analysis - BTC (4H breaks through the downward trend line)

Regarding the BTC market, I gave suggestions yesterday on several major trend cycles and operation period charts from the monthly line to the 4H line. The conclusion is that the overall environment in July is not bad, and there is also an opportunity to buy at the bottom even if there is a sharp drop.

Today's pull-up is a good start, which is a long-suppressed venting of the long-term sentiment of the bulls, but the trend structure does not have the potential for sustained pull-up in the short term. The focus of intraday trading is to pay attention to the opportunities after the 4H consolidation!

The short-term pressure level is 64190~64880, and the support range is 62019~61220. #BTC☀