News:
1. According to Whale Alert monitoring, 48,000 BTC were transferred from an unknown wallet to the Kraken exchange at around 03:47 Beijing time today;
2. Mt.Gox: More than 17,000 creditors have been repaid through BTC and BCH;
3. Harris is open to encryption and will take more moderate measures in encryption;
Technical:
Big Pie: The daily line has been negative for 4 consecutive days, with a drop of 4,000 points. Last night, it was clearly stated that the 66,500 position was bearish, and the target was 64,300. This goal was achieved in five hours! Judging from the strength of this wave of market smashing in the morning, this decline has not reached the bottom! During the previous wave of rise, there were adjustments on July 17 and 18, and the bottom of the adjustment was around 63,000. In terms of the day, you can refer to the support of 63,000 below the four-hour line. This position may fluctuate up and down so that the market can make adjustments. The upper pressure refers to the 65,000-65,500 range, and the operation is mainly bearish!
Second Cake: Compared with the big cake, the overall trend has a larger correction this time. A warm reminder, if it reaches 2800 again this time, don’t regard this point as the bottom! The reason why it was able to withstand it last time was because of the popularity of the spot Ethereum ETF. Once the popularity is over, it will be the world of the air force! The daily line fell by more than 8% in two days, and the next target is around 3000! The operation is mainly high-altitude, with upper pressure in the range of 3250-3280 and lower support around 3100!
Shanzhai: Yesterday, it was clearly stated that Shanzhai should do a good job of risk control, especially Shanzhai with a large increase in the previous period. From yesterday to now, the decline has exceeded 10%! Shanzhai continues to keep short positions and wait and see, and Shanzhai that has not had time to fall should do a good job of risk control as soon as possible!
NEAR: From the 6th position to now, the decline is more than 8%, and the short-term target of 5th position is not a big problem; (For more opportunities, please consult in detail)
The currency market fluctuates greatly, and you need to be cautious when entering the market. This is my personal opinion, no suggestions, and only for sharing
