7.19 Friday, Bitcoin morning market insights

There are infinite possibilities in a person's self-discipline. The degree of your self-discipline determines the height of your life. There is no shortcut in life, but every step you take will count.

Unknowingly, it is Friday again, and the winning streak has always been with us. Yesterday morning, a large number of followers followed the bearish trend, but the market continued to be sideways at a high level. Many people couldn't stand the loneliness and chased more. The market went down all the way in the evening. In the end, we went to victory, and those friends who did not stabilize were very passive.

Yesterday's market was relatively not too big, and the 65,000 area has been under pressure and difficult to break through. Finally, it fell to the 63,300 line in the evening and rebounded. The overall drop was 1,700 points. Yesterday, I was bearish and shorted all the way, and finally I was able to harvest in the evening. The current rebound is small. In terms of operation, continue to maintain a high-altitude thinking.

Judging from the current daily trend, the previous continuous positive surge has ushered in a negative line retracement in the short term. The current high K-line has a cross star, which means that it will either change or continue to fall. In my opinion, the possibility of continuing is still relatively large. In the 4-hour period, the Bollinger Band channel has turned into a downward channel trend since the day before, and is currently in a state of parallel downward movement. The rhythm of weak oscillation and downward movement can continue to focus on the middle track position for short selling.

On Friday morning, it is recommended to short Bitcoin near 64300-64600, and the target is 63300-62000.

On Friday morning, it is recommended to short Ethereum near 3450-3470, and the target is 3330-3250.

There are always people complaining that the market is not good. Indeed, when you are afraid, failure is doomed. The state has been at its peak recently. If you don’t do well, you will recover in an instant. #美联储何时降息？ #德国政府转移比特币 #山寨季何时到来？ #美国大选如何影响加密产业？ #以太坊ETF批准预期 $BTC $ETH $BNB