📍 Intraday Update | 17/07/2026
BTC is currently showing a clearly bearish trend.
BTC is trading around 62,807.30 USDT.
Nearby support: 62,869.70 (-0.10% below price).
Nearby resistance: 63,319.50 (0.82% above price).
ADX: 32.83 | Status: clearly bearish trend.
Recommended entry point: Suggested entry zone: wait for BTC to bounce up toward the resistance at 63,319.50; only consider after a clear sell force/rejection appears. Do not short by chasing if price is already close to the support at 62,869.70.
Points to watch during the session:
• If BTC holds the nearby support and rebounds with liquidity, strong altcoins may continue to move in a wave.
• If BTC breaks the nearby support, prioritize defense because the market may quickly return to a choppy state.
• If price moves close to resistance but volume does not increase, you shouldn’t chase orders.
🎯 Strategy suitable right now:
• Wait for price to pull back to a reasonable zone instead of buying right on a green candle.
• Prefer setups with a clearly defined invalidation zone and a good R:R.
• If a coin is weaker than BTC, skip it—don’t force trades.
• During choppy periods, staying on the sidelines is also a valid position.
💬 To wrap up:
The market is tradable, but it’s not the time to be overly relaxed about entry points. Discipline still matters more than the fear of missing a trade.
Not investment advice.
#BTC #Crypto #Intraday #Futures
🔗 Follow Đụt trade coin’s Copy Trading portfolio:
https://www.binance.com/vi/copy-trading/lead-details/5072718481672245761?timeRange=7D
BTC is currently showing a clearly bearish trend.
BTC is trading around 62,807.30 USDT.
Nearby support: 62,869.70 (-0.10% below price).
Nearby resistance: 63,319.50 (0.82% above price).
ADX: 32.83 | Status: clearly bearish trend.
Recommended entry point: Suggested entry zone: wait for BTC to bounce up toward the resistance at 63,319.50; only consider after a clear sell force/rejection appears. Do not short by chasing if price is already close to the support at 62,869.70.
Points to watch during the session:
• If BTC holds the nearby support and rebounds with liquidity, strong altcoins may continue to move in a wave.
• If BTC breaks the nearby support, prioritize defense because the market may quickly return to a choppy state.
• If price moves close to resistance but volume does not increase, you shouldn’t chase orders.
🎯 Strategy suitable right now:
• Wait for price to pull back to a reasonable zone instead of buying right on a green candle.
• Prefer setups with a clearly defined invalidation zone and a good R:R.
• If a coin is weaker than BTC, skip it—don’t force trades.
• During choppy periods, staying on the sidelines is also a valid position.
💬 To wrap up:
The market is tradable, but it’s not the time to be overly relaxed about entry points. Discipline still matters more than the fear of missing a trade.
Not investment advice.
#BTC #Crypto #Intraday #Futures
🔗 Follow Đụt trade coin’s Copy Trading portfolio:
https://www.binance.com/vi/copy-trading/lead-details/5072718481672245761?timeRange=7D