Bitcoin and Ethereum’s morning thoughts on Thursday, July 4th: The rebound is weak and continues to be bearish.

There is no problem that a wave of trends cannot solve. If it does, then your hole is too big or you are not confident enough. Remember, never bloom in the season when it should not bloom! Good morning, friends! Bitcoin started yesterday's morning trading, first fluctuating and rising around 62,300, and then retreating under pressure. The overall trend was a unilateral downward trend. Every time it hit the low point, it moved downwards. In the early morning, it dropped again, and the price even fell to the 59,400 line. , the intraday high to low of 2900 points fell, I guess a lot of friends must have benefited from it. The current price comparison is running around 60200, and the short-term short-term pressure is strong on the long-term, so we are still bearish on the market outlook.

Judging from the technical structure of the daily line, it is an obvious weak trend at the daily level. Since the double top suppression, the market has continued to maintain a weak downward trend. The K-line is mostly dominated by negative lines, forming a continuation of short positions, and The lows are also moving downwards, and the moving average indicators are also extending downwards. The bulls are giving signals of rebound corrections, and there is no substantial rebound action.

The downward trend on the 4-hour chart is very obvious. After each new bottom appears, there will be a rebound correction and then continue to go lower. This is also a normal move in the downward trend. There is no reversal signal in the short-term trend, so the operation will follow the trend. Just participate! Continue to go short after a slight rebound.

Thursday morning suggestions:

Bitcoin is short near 60500, look at the area around 59000

Ethereum 3315-3325 area is empty, look at the 3200 area

The cake is only so big. Only by trusting each other can we achieve a win-win situation. Only by working together can we go further! Come with your heart, surprises are just around the corner. $BTC $ETH $BNB #美国首次申领失业救济人数超出预期 #非农就业数据即将公布 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #ASI代币合并计划