Sharing of morning thoughts on Bitcoin and Ethereum on Monday, July 1st:
Some things don't persist until you see hope, but only when you persist will you see hope. Hello July, new beginnings, new beginnings. As Bitcoin rose in the morning, the price ratio also directly exceeded the 63,000 line and did not continue. However, this does not mean that the bulls have stopped there. The bull signals are strong in the short term, and there will be an adjustment process after the market goes out. At present, The price comparison is running near the 62,600 line. We will continue to be bullish in the future.
Yesterday night, we clearly gave a long idea. We also entered the market with long orders near 61750 in the morning. In the morning, we easily took 1250 points. Walking at my pace, don't you feel comfortable just lying down? Every new beginning is often a good beginning. It depends on whether you can grasp it. It doesn't matter if you are not good at it. It doesn't matter if you can't understand the market trend. As long as you move closer, it doesn't matter.
Returning to the market, from the daily level, the short-term trend has basically stabilized in the Duotou trend. At present, the K-line is closing in the sun again, so in the unilateral rhythm, the stretch of the sun will still have a certain continuity. At the four-hour level, after the market consolidated horizontally, it showed 6 consecutive positive rises, breaking through the upper limit of the Bollinger Band. The moving average indicators also showed an upward divergence pattern. The market is currently in the consolidation stage above the 62600 line, and there is no obvious sign of a pullback in the price. In the short term, The bull trend dominates, and all technical indicators point to the bulls. The market outlook will focus on the support of the 62000 line. Relying on this level, you can go long without continuing the downward trend. In terms of operation, just follow the trend and participate in low long positions!
Monday morning suggestions:
The big pie is around 62300-62500, and the target is 63800-64500.
Ether is around 3400-3410, the target is 3500-3450
The cake is only so big. Only by trusting each other can we achieve a win-win situation. Only by working together can we go further! Come with a heart, it's never too late.
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