A brief discussion on Sunday, Bitcoin, Ethereum, and operational ideas!
This is an election year, and there may be all kinds of weird black swans. The world is turning to the right more rapidly, or in other words, dividing. The first round of the French election is about to take place, and the market is worried about whether it could trigger a major shock similar to that in the British bond market.
In addition to the French election, there are also the impacts of European and American holidays such as American Independence Day and Canada Day. During the long holiday weekends in Europe and the United States, the crypto market mostly fell because banks were not working and deposits could not be made. On the contrary, during the domestic short holidays, most of the crypto markets rose.
The new July, the second half of the third quarter is about to begin, be sincere and spiritual! If you can't do it well, give it a try and study the situation more, it will be of great help to you!
Today, Sunday, there was a rebound at the afternoon node. The price once rose to the 61700 line, and it stood firmly on the Bollinger Band in 4 hours. In the short term, it quickly closed in on Friday's low. The rhythm after the rise of the sun, combined with the excessive pull back and forth at the low level, is now The support of 60,000 in the roundabout range of the shock range is still obvious. The daily chart has continued to close small positive points. At this stage, regardless of the downward strength, the operation is still to wait for a rebound in the 61,000 area. If it does not break above 62,500, consider making moves.
The same is true for Ether. Before the news comes, the support of 3350 is rising step by step. Let's wait and see for the rebound!
Every time the market falls, it is accompanied by various voices. The bull is over, the price has not reached the bottom, the last chance to escape, etc. In short, it makes the market sentiment extremely fearful, causing retail investors to lose confidence and hand over their chips at low prices. This is the currency Circle true portrayal.
As retail investors, we play in this circle. The more we do at this time, the more we need to block out the noise, calmly think about our own strategies, recognize the market trends, and first keep the U in our hands. Otherwise, when the big bull market comes, we will also lose money. It has nothing to do with you, this is the biggest pain.
Two words to decipher, fear = greed = bargain hunting = 💰!
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