Crypto market analysis 7.18   Small-cap stocks = Bitcoin, how long can it last?

In the past week, the seven sisters of the US stock market came to an end, and the remaining small-cap stocks soared with Bitcoin. How long can this situation last?

The focus of this round comes from investors' general expectation of the Federal Reserve to cut interest rates. Interest rate futures show that the central bank is more likely to cut interest rates in September, and interest rate cuts are usually good for small-cap stocks and Bitcoin.

The second is the so-called Trump transaction and the value rotation of technology stocks. Most funds began to flow out. The market believes that the stock prices of large technology companies such as Nvidia are overvalued and the rally may end, so it began to turn to small-cap stocks in value depressions.

Daily level market

- ​​The daily level rebounded rapidly at a large level, and the rebound speed was too fast, close to the upper pressure position, the large-level pressure was around 65000-66000, and the lower support position was around 62500.

4-hour level market

In the 4-hour level market rising trend, the upper pressure was around 66600 and 65300, and the lower support position was around 63700.

Intraday level analysis

-----Bitcoin's pin has ended, and the annual bottom has appeared. If there is still a possibility of a bottom, then there is a probability of a post-impact shock, but there is nothing special to guard against.

The certainty of Bitcoin is already very high, and the weekly level bottom is around 58,000. You have missed this round of rebound.

The intraday level market has a small decline to repair the strong increase. After the bottom comes out, any retracement to repair the increase is an opportunity to get on the bus. The key this week is whether it can break through around 65,000. The upper pressure of the day is around 65,300, and the support position below is around 62,700.

There are not many predictions about the recent market, and the main focus is on repair. This week's pressure is around 65,000 and the bottom support is around 62,000. It will not weaken if it does not fall below, and it will not strengthen if it does not rise above.

Spot can safely pass through this difficult moment in the history of encryption, and be calm in the face of things. #币安7周年 #美国大选如何影响加密产业？ #山寨季何时到来？ #BTC走势预测