Alas, the cryptocurrency market is going to be difficult this time. It is expected to fall to around 56,000, and the strong support is at 52,000. The consensus is that the 2024 half-year reduction should go all the way up, as it has been the case in the previous few times. But now various accidents happen frequently, and the 10 billion Mentougou selling pressure has scared the market.

1. After the high stagnation of the monthly line, a correction is formed. It is currently in the 4th wave adjustment. For the correction position in the future market, you can pay attention to the BOLL band middle track

2. The daily line is a bearish combination of the evening star with a deformed title in the recent K-line. The pressure level is at the double suppression of the BOLL band middle track + the channel middle track

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