Bitcoin's short-term support is $62,500-63,200, and its short-term pressure is $65,000-66,000. The three major U.S. stock indexes closed lower. On July 18, the U.S. spot Bitcoin ETF increased its holdings by 2,194 bitcoins, with net inflows continuing for 9 consecutive days. From a technical point of view, Bitcoin's rebound near $66,000 was blocked and began to fall slightly. At present, the probability of "consolidation instead of consolidation" is relatively high. Normally, it should be supported at $62,000-63,000, and the maximum retracement will not fall below $60,000. I personally think that Bitcoin's siphoning phenomenon will continue for some time, and everyone should increase their positions in batches when they retrace. But I would also like to remind everyone that Bitcoin cannot effectively break through $66,000, and don't be too blindly optimistic. $BTC