小龙先生
小龙先生|Jul 21, 2026 21:22
Bitcoin Market Update #2: Bulls taking the lead, bears looking fragile. (1) Daily chart shows a rebound with moderate volume increase, but overall trading volume remains far below the annual average. (2) Bearish momentum is very weak. While bullish momentum dominates, the price is approaching the 0.382 Fibonacci retracement level in the chart below, which aligns with the previous high around 67,500. (3) On the 4-hour chart, bullish momentum is slightly weakening, showing mild volume-price divergence—this could be a hidden risk for the next rebound. Key takeaway: The rebound with increased volume is valid, but the exhaustion of momentum is not yet confirmed. The 67-68K resistance zone will be a test. My personal prediction: BTC price will likely rebound to around 67,500, followed by a small pullback. However, the downside is limited because bearish momentum is just too weak.
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