Market Review
Yesterday, Bitcoin continued to pull back, and the decline was beyond expectations. It was related to the negative fundamentals. The Mentougou incident was about to start. The selling pressure of 140,000 BTC made the market panic again. The market is still not optimistic. Bitcoin and Bitcoin both fell sharply and entered the oversold range. They began to rebound from oversold this morning. It is estimated that they will continue to fall after the rebound today. The negative news at this stage is more likely to be intentional by the market makers to make retail investors hand over their chips. The downward trend will continue. The market makers will cooperate with the negative news to smash the market and create panic, but there is no need to worry too much. Thinking the other way is a good thing. The wash is about to end, and the bull market is about to officially start. Pay attention to the 62000-62500 positive power level , if the rebound fails to break through this position, it may continue to fall. Compared with BTC, the decline of the second cake is smaller. It has fallen below the lower edge of the shock range in a short time. The fundamental benefits are also running out. The ETF may pass in the near future. The speculation is expected to end. The macro environment is not optimistic. Pay attention to the rebound situation of 3400-3450 resistance level during the day. If the rebound fails to break through this level, it may continue to fall. The cottage sector did not fall synchronously with the mainstream, but still needs to wait for the mainstream to stabilize and wait for clear signals. It is recommended to wait and see. You can seek ultra-short-term gaming opportunities during the day. $BTC $ETH
