First of all, let's review the article from yesterday. The master placed a long position in the 63700-64100 range. The market dropped to near 63823 at the lowest point around midnight. Subsequently, it rose to near 65173, and the first target of 64800 mentioned in the article was accurately reached, securing a profit of 1100 points with the pre-set long position.

Master's Hot Topics:

Due to the possibility of Trump being re-elected, the net inflow of Bitcoin spot ETF has been $63 million for 9 consecutive days.

In addition, the hardliner Christopher Waller also stated that the timing of the rate cut is approaching and the market trend is on the rise.

However, Trump strongly opposes the rate cut before the election, leading to increased market volatility.

The master believes that if the market continues to be overheated, it is necessary to pay attention to the trend reversal and trade cautiously.

Master's Trend Analysis:

BTC 1-hour chart:

Resistance Reference:

First Resistance: 64800

Second Resistance: 64000

When the price breaks through the first resistance, the master expects a retest of 65K. Currently, it is retesting the breakthrough. If the 1-hour chart remains above the 20-day moving average in the short term, the breakthrough view can be maintained.

Support Reference:

First Support: 64000

Second Support: 62850

64K can be considered an important support level for the day. If the coin price adjusts down to 64K, it is necessary to observe whether it can support and stabilize.

However, if it rebounds without touching 64K during the decline and raises the low point, it can be seen as a buying opportunity, and the trend of the 60-day moving average should be observed.

Today's Trading Suggestions:

It is still advisable to maintain a bullish view for trading during the day, using the 60-day moving average as a reference. It is expected to see appropriate adjustments and rises.

Entering positions in the pullback range is an area to manage risks and obtain good returns.

In the current overheated market, if negative news appears, there may be a significant pullback.

7.18 Master's Short-term Pre-set Orders:

Long Position Entry Reference: 62400-62800 range, gradually enter long positions, defend 500 points, target 64000-64800

Short Position Entry Reference: 65800-66200 range, gradually enter short positions, defend 500 points, target 64800-64000

This article is exclusively planned and published by Master Chen (WeChat public account: 币神师爷陈). If you need to learn more about real-time investment strategies, untangling, spot contract trading techniques, operational skills, and candlestick knowledge, you can add Master Chen for learning and communication. I hope it can help you find what you want in the currency circle. Focusing on BTC, ETH, and altcoin spot contracts for many years, there is no 100% method, only 100% follow the trend; daily updates on macro analysis articles across the network, technical analysis of mainstream coins and altcoins, and spot mid- to long-term replay price prediction videos.

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