The bearish trend of Bitcoin is hard to change! Is it too early to buy the bottom? 7.10 by the Coin Circle Academician: How to break the consolidation market? The fundamental of trading is survival, followed by profit, so before each operation, think clearly whether your operation is reasonable and whether the principal is safe. You must form a set of trading ideas of your own and continuously optimize and improve them. Although the suggestions of the Coin Circle Academician cannot make you rich overnight, they can always be there for you. Only those who survive in the Coin Circle for a long time and stick to the end can get the results they want. I hope you can understand that I am a Coin Circle Academician, a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on!

As of 0:30 before the release, the current price of Bitcoin is around 57,600, the highest daily K-line is around 58,150, and the lowest is around 56,300. The bottom has a short-term pullback line, but the EMA trend indicator is still spreading downward, and three indicators have shown a downward alternating trend. EMA15 has almost reached 59,500. Sixty thousand is gradually moving away, and the pressure level is still downward. The cyclical trend is consolidating, indicating that the long and short positions are already exhausted at this time. The MACD is shrinking and increasing, and the downward diffusion speed of DIF and DEA is slowing down. KDJ forms a golden cross. The golden cross of 57,500 comes too early, resulting in a smaller long space. The downward trend of the Bollinger Bands continues. The daily K-line leaves the lower rail support of 55,000 and begins to impact the middle rail pressure level of 60,000. Because the general trend is a principled issue of shorting, it has never chosen to chase more, in order to reach the key pressure level and then arrange it. Continue to wait. After the four-hour K-line returns to the EMA trend indicator, it will go sideways and slightly upward, around the EMA15 support point 57000 saw a slow rise, MACD continued to increase, DIF and DEA accelerated upward diffusion close to the 0 axis, KDJ was blocked at the 58000 mark, the Bollinger band upper rail pressure level focused on 58600, the middle rail support reference 57000, the same consolidation trend appeared in terms of thinking, remember the big trend and do ultra-short according to the big trend thinking, so it is more stable

Reference: 58500 to 58700 short above, 60300 to 60500 short, stop 6 0900, reference 57500 to 57000, break 55000

Lots of 55000 to 54800 below, prevent 53500 to 53700 to buy more, stop at 53000, sell 56500 to 56000, break 57500

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