The staged bottom or bottom appears, and the next decisive battle is brewing. Everything is within expectations. The US stock market is closed, and Asian exchanges are smashing the market during the day. The super-control behavior makes more people panic and uneasy. Although this round of bottom has appeared, whether it is the bottom before the bull market still needs to be verified by the CPI data in mid-July. However, there is not much room for decline at the current position. Secondly, many people say that retail investors cut their losses in this round of big drops, but I don’t see much. It is said that there is a lot of selling pressure on BTC chips in China, but the real domestic transactions are mainly OTC, which will not have much impact on the price trend. This round of big drops is more about the news to cover up the real purpose of the dealer. Daily level market Large-scale downward trend: upper pressure is around 67,000, and lower support is around 53,000. 4-hour level market bottom appears: bottom is around 53,000, support is around 55,600, and upper pressure is around 58,000. Intraday level analysis Bottom support: around 56,000. Upper pressure: around 57,000 and around 58,000. The rebound started during the day, whether it is an oversold rebound or a formal rebound, needs to be viewed reasonably. The weekly line has reached the bottom, and the extreme pin position has reached around 53,000, which is basically over. But next week, it is still possible to test around 55,000 again. Don't rush to buy chips during this period, just buy some spot at a suitable position.

Spot can safely pass through this difficult moment in the history of encryption, and deal with things calmly.#CryptoMarket#BTCAnalysis#CryptoNews#Bitcoin#CryptoTrading#MarketUpdate#Cryptocurrency#CryptoCommunity #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH