#大盘走势
On the 21st, Bitcoin broke through the major support of 64500, and fell to 63379 at its lowest point. Fortunately, it did not directly break through the 63200~62800 chip-intensive area, and then started to rebound.
Bitcoin's trend has been relatively weak in the past few days. The Nasdaq, which has the highest correlation with its trend, has continued to hit new highs, which makes people depressed... Overall, Bitcoin is still within the normal adjustment range, with a short pressure of 64700 above and support of 63200. It is weak and oscillating. At present, there is no sign of a direct sharp decline, but it should be noted that if it falls below the 63200~62800 area and is not recovered on the same day, the risk of waterfalls will increase rapidly!
Let's look at Ethereum again. Its trend is obviously stronger than Bitcoin, and it has not even hit a new low in the adjustment. This is the benefit of having funds to take care of it! As July is approaching, various funds continue to deploy Ethereum, waiting for the window for Ethereum ETF to be launched for trading. Therefore, once a big drop occurs, funds will come in to buy the bottom, making it a bit difficult to fall!
We have repeatedly emphasized recently that we should focus on the layout of the Ethereum ecosystem. Even if this sector falls, it cannot be trapped. Once the trend is slightly stable or there is a good news, it will be pulled up by a positive line. It is the track with the highest cost performance. Facts have proved that this is also the case. When many currencies are still constantly testing new lows, ens, ldo, ssv and other currencies have basically recovered most of the decline in this wave, and they are extremely strong!
In the next trend, as long as the big cake does not die for us, Ethereum's strength will continue to be maintained, and it can also slow down the decline of the altcoin to a certain extent. And after stabilizing, continue to differentiate, the strong will always be strong! For us, the positions have been laid out almost, be patient, and hold the currency for the rise!
