Insights on Bitcoin's midday market on Monday, July 22
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The market has been under pressure since a rebound to 68500 in the morning, and a chronic decline trend has formed in the afternoon. The current low has come to the 67100 line. In the morning, it was given to go long near 67500-67300. After the opportunity to go long, the market did not give an effective rebound. There was a retracement trend in the short-term trend. In terms of operation, pay attention to the continuation of the action and look back at the 66600 area to go long.
The resistance to the high-rise at the daily level led to a further retracement of the price ratio! From the technical structure, the overall pattern of the four-hour level showed a repair trend. In the morning, the price ratio was obstructed in the oscillation upward near the 68400 area. In the attached figure, the moving average spread downward in a roundabout way. The long volume arrangement and shrinkage allowed Kongtou to successfully convert and maintain the price ratio to further decline and repair the consolidation. The overall trend showed obvious demand for testing the hourly line track! After the afternoon, you can first pay attention to the continuation of the short position and the hourly line 66600 area. Go short first and then go long.
On Monday afternoon, it is recommended to short Bitcoin near 67500. Currently, pay attention to the 66500 line. If it does not break, go long.
On Monday afternoon, it is recommended to short Ethereum near 3500, with the target of 3400. If it does not break, go long.
Those who do not plan for the overall situation are not qualified to plan for a region. The market is unpredictable. Set your mind, observe the situation, plan and then act. Don't be confused in your heart, don't be trapped in your emotions, and plan in the tent. Only then can you win thousands of miles away#以太坊ETF批准预期 #美国大选如何影响加密产业? #山寨季何时到来? #美联储何时降息? #币安7周年 $BTC $ETH $BNB