[Bitcoin rebounds intraday, risk appetite yet to be confirmed] At 8:00 PM on July 18, Binance BTC/USDT was trading at $64,083.17, up 1.22% in 24 hours. The price range during the same period was $62,537.56–$64,387.99, recovering from the lows and briefly approaching the intraday high, with short-term buying interest showing some recovery. The external environment remains cautious: U.S. stocks closed lower on Friday, with the S&P 500 down 1.01% and the Nasdaq down 1.4%. Weakness in chip stocks and rising oil prices weighed on risk asset sentiment. Meanwhile, the crypto space continues to focus on the progress and discussions surrounding the U.S. digital asset regulation bill, the CLARITY Act, with policy expectations yet to fully materialize. From a technical perspective, the $64,400 level is the first resistance. If the price can break and hold above this level with volume, the rebound may continue. On the downside, initial support is seen at $63,300, followed by the $62,500 range. Weekend liquidity tends to be thin, so be cautious of rapid fluctuations driven by news. Data source: Binance.