Insights on Bitcoin's evening market on Monday, July 1
After a round of gains, the market entered the adjustment stage again. In the morning, the bullish trend was also given to 62800 after eating the 1300-point rebound. The strength of the market's retracement was relatively not too large. A round of declines fell to the 62600 area and stopped. In the short-term rhythm, there was some pressure after the high, but the decline has not yet broken the current strong structure. In terms of operations, continue to maintain a low-multiple approach.
At present, the 4-hour trend has formed an obvious reversal action. In the short-term rhythm, after the continuous rise, it has given a step-back correction action. Compared with the current decline, the short-term support was also supported by the previous high point and failed to continue to break down. At this time, there is no need to change the idea because of a small decline. The short-term trend structure is biased towards the long side, and the operation is still mainly involved in the long idea. In the short term, pay attention to the support situation near 62500-62200 below. If it does not break, you can still participate in low-multiple around this area.
On Monday night, it is recommended to buy Bitcoin near 62200, and look at the 64000-64500 line.
On Monday night, it is recommended to buy Ethereum near 3430, and the target is 3550-3600.
In the market, we should not regard ourselves as the masters of the market, we are just followers of the market, we can't control the rise and fall of the currency price, and don't trade emotionally. #meme板块关注热点 #VanEck提交首个SolanaETF #Mt.Gox将启动偿还计划 #币安合约锦标赛 #以太坊ETF批准预期 $BTC $ETH $BNB