July is more than halfway through. In the first half of July, due to a series of negative news such as the Mentougou sell-off expectation, the German government sell-off, and the Kuanggong wash-out, the market fell to as low as 55,000 US dollars, which made retail investors think that there would be a big drop. As a result, Bitcoin has returned to 66,000 US dollars today. It is enough to verify that we are in a bull market. If it is a bear market, the negative news will cause a big drop and the rebound will be weak. In the current market, the main force uses various negative news to create a big drop atmosphere and concentrate the chips of retail investors again. When the market wants to rise, Easy and fast
Last week, Bitcoin closed with a "piercing pattern" on the weekly line, indicating that the bulls began to exert their strength and the trend force changed
In the previous two waves of decline, the short volume was gradually reduced, indicating that the air force was weakening
The Bollinger band was between the middle and lower tracks, and the lower track had a supporting effect. This wave of callbacks was almost in place
Bitcoin closed last week, and the market has stopped falling. If it closes this week with a positive line, it means a trend reversal
In the bull market, the main force will create panic news through various media channels, so that retail investors who cannot identify the bull and bear cycles will be confused. In the continuous band, one buy and one sell, they will lose chips and the principal will become less and less
It will also magnify the greed of retail investors through the market surge. People who do not understand the industry cycle, the market, and the fundamentals of the currency will find that they can make money by entering the market, and they will no longer be bound by their hands after making money
Start to let go and mobilize all resources, contracts, leverage, lending Mortgage assets, and then suddenly because of some news, the market conditions deteriorate, fall, lose profits and principal and deviate from the track
Calm down and find that insufficient knowledge in the currency circle is really not good
If you can make up your mind at this time, change yourself, learn, and improve your professional ability, there is still a chance to turn over
If you are just unwilling and still want to use luck to gamble and make money, you will only get closer and closer to the abyss
The bull market in the currency circle is a large-scale burial ground for retail investors. Behind the pile of bull market madness, there are countless people losing money
While we see the madness, we must also respect the risks behind it. This is the cruel truth of the bull market in the currency circle
We are not executioners, but we must not let ourselves become the one who is harvested#以太坊ETF批准预期 $BTC