BTC: The daily trend of Bitcoin is normal. It is going down as I have said, but it is a fluctuating downward trend. After falling for two or three days, it will fluctuate for two days. The overall trend is a healthy trend. Most of these small fluctuating downward trends end with a large negative line with a large volume.

At present, the market is still dominated by high-altitude bearishness. The daily K-line trend remains volatile and downward. The K-line goes down against the daily 7-day moving average, and the center of gravity of the K-line keeps moving downward. The focus of the day is on the 65500-66000 range, and the focus on the lower side is 64000. If it falls below 64000, it will be around 62500.

ETH: Influenced by the end of the investigation of ETH by the US SEC enforcement department in the early hours of last night, ETH closed with a big positive line yesterday, showing a relatively strong performance, leading to a large rebound in the altcoin. However, due to the downward pressure of BTC, the altcoin began to decline in the afternoon. Last night, we talked about watching out for Ethereum to drop to around 3610. The highest drop in the morning was 3594. Ethereum fell below 3540 and looked at 3380.

The big cake has fluctuated for two days and has not risen overall. The second cake has broken through the upper seven-day moving average. Today, the focus is on whether the big cake can close above 66,000 and the second cake can close above 3,600 points.

Regarding the altcoins: I said yesterday that the altcoins have been oversold. The three musketeers of Al that rebounded the most today are FET, AGIX, and OCEAN. They have been speculating on coin swaps for a month or so, which has whetted people’s appetite. However, it is still too early to swap coins, so please pay attention to the risks.

We need to understand that we can't always enter the market at the lowest price. Therefore, choosing to hold a position at a lower price is our best strategy. Splitting positions is the best method. By entering the market in batches, we can not only spread the risk, but also exercise our position holding mentality. In this way, we will have a deeper understanding of the market situation, rather than rushing to buy or sell. The current market is still a good time to enter the market, but this opportunity will not last long.

NEAR: Unknowingly rebounded by more than 20% in two days. As early as June 13, the NEAR Foundation established Nuffle Labs and received $13 million in funding. Since then, there have been continuous good news, but the price of the coin has been falling. Is it really a pity?

ARKM, the current price is 1.745, you can enter the market, the position for covering positions is set at 1.55, and the expected increase is about 30%. The AI ​​sector began to move yesterday, mainly affected by the merger expectations. In terms of indicators, the SKDJ daily level has been oscillating below 20 for a period of time, and currently has an upward trend. Whether from the news or indicators, this position is suitable for entry.

Meme, currently priced at $0.0182. Spot trading has been recommended before, but due to the overall market decline, Meme coin has also been affected. The current position is the support level that it has tested several times after listing on Binance. Compared with other currencies, the circulating market value of Meme coin is still relatively low. It is recommended to build positions in batches, with the goal of selling the principal after doubling, and investing the remaining profit in the long term, expecting a tenfold return.

That’s all for today’s article. We are currently in a bull market, and things are turbulent. We share passwords every day.