7.8-Market Analysis

BTC: Short-term gains have been curbed, the main structure is still bearish, the daily line closed negative, and the downward trend has not changed. However, the long lower shadow of the 4-hour K-line has been formed, which is more like a second bottoming out, so there is no need to be too pessimistic. Today, pay attention to the support of 54,000 below. If it falls below this position, there is still room for decline.

The upper pressure of the day is 57,000, and the lower support is 54,000.

ETH: The upper pressure of the day is 3,000, and the lower support is 2,800.