Insights on Bitcoin's afternoon market on Monday, July 1
In a limited life, try to do what you want to do, become who you want to be, and don't leave too many regrets in life.
The beginning of the month is like the dawn of a new life, shedding the light of hope and vitality, which makes people feel refreshed. The market has also been slightly improved. In the morning, the big cake was directly given to 62,500 for long positions. After reaching 62,573, the market began to rebound. In the morning, Bitcoin rose to 63,800 area and was under pressure. The long position idea perfectly ate 1,300 points. After the increase, the luck is currently being adjusted in the 63,400 area. The rhythm is strong, and continue to maintain a low-multiple approach.
From the current daily trend structure, the rhythm has changed from weak to strong, and the increase has also broken the previous range shock. The currency price has formed three consecutive positives and has effectively risen. The trend has formed a strong structure. Single Yin and single Yang cannot form a trend. Since it is a continuous Yang, it must be seen as a continuation. This is also what we have often said before. Although the short-term upward movement has stopped, it has not given more retracement actions, so there is a saying that strong without deep adjustment, deep adjustment is not strong. The short-term decline is just a retracement correction action after the strong market, and it is also for better upward accumulation. Therefore, the current decline is not a reversal. In the strong link, just follow the trend! Retracement is an opportunity.
On Monday afternoon, it is recommended to continue to buy more at 63000-62800 for big cakes, and focus on the 64000-65000 line.
On Monday afternoon, it is recommended to continue to buy more at 3470-3450 for Ethereum, and focus on the 3550-3600 line
Trading is like a war without gunpowder. Strategy is your weapon and mentality is your armor. Only by arming yourself can you stand firm in the torrent of the market#美联储何时降息? #以太坊ETF批准预期 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 $BTC $ETH $BNB