Sharing of thoughts on Bitcoin and Ethereum in the afternoon on Wednesday, July 3:
The most precious thing is not how good you are now, but that every day in the future will get better and better after hard work. Bitcoin rose strongly on Monday and the price rose all the way to the 63,800 line. After multiple attempts to test 64,000 failed, it fell back, but the amplitude was not large, and then fluctuated and adjusted. After Lao Bao's speech yesterday, the market plummeted, and the price directly fell below the support of 61,000 and came to 60,600 to stop the decline and rebound. The market is currently running around 61,000. It can be seen that the short-term structure has reversed. Since the rebound is weak, the operation is mainly based on the kong.
From the current daily level, the market has risen in the short term and then fell back. The upper resistance of 64,000 is strong. In terms of overall structure, it has a short-term rebound correction in the weak market. The amplitude of the decline after the correction is also the abdomen of the previous increase. The daily line closed again with a negative, and the short-term short-term momentum is also strong. Pay attention to the continuation of the short-term action. On the 4-hour chart, the K-line continues to decline, and the price ratio has stepped down from the upper track, and is currently supported near the lower track. The short-term bearish trend is obvious, and the rebound of the market needs to be noted in the future. Pay attention to the suppression of the 61500 line above. If it fails to break through and continue, you can participate in the high altitude around this area!
Wednesday afternoon suggestions:
Short in the 61300-61500 area of Big Cake, look at 60000
Short in the 3380-3400 area of Ether, look at 3250
Success has no fast lane, happiness has no highway, all success comes from unrelenting efforts and running, and all happiness comes from ordinary struggle and persistence. If the Feng Shui treasure land is not good, it must be changed!
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