On Friday, July 5, accurate, Bitcoin afternoon market insights
Recent thinking is basically accurate, the market has been going down all the way,
I have repeatedly reminded that short selling is a bearish move, and I have been harvesting dog dealers all the way,
The market was shorted near 57,500 again during the day,
The market rebounded slightly to the 57,546 area in the morning and fell under pressure
The lowest low was 53,500,
The bearish thinking directly took the next round of 4,000 points of decline
Friends in the middle of the day basically doubled their cabin space
Those who don’t understand the market and can’t do orders directly came.
The extremely weak market, the decline has no signs of stopping, and after each round of decline, it will go down again after a short adjustment. The daily and weekly lines are both running in a bearish posture, and the market basically does not give any chance for rebound. The daily trend has 4 consecutive negative retracements, and the bears continue to decline. The indicators cannot keep up with the rhythm of the price, and the bearish sentiment is obvious. The 4-hour trend is also dominated by the bears, and the rebounds are all pulled back. Therefore, for this weak market, the rebound is an opportunity to short, and the market continues to see the bearish action in the future.
On Friday afternoon, it is recommended to short Bitcoin around 54500-54800, and the target is 53000-52000.
On Friday afternoon, it is recommended to short Ethereum around 2880-2900, and the target is 2830-2750.
There are always people complaining that the market is not good. Indeed, when you are afraid, failure is also doomed. The state has been at its peak recently. If you don’t do well, you will recover in an instant. #VanEck提交首个SolanaETF #BTC走势分析 #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #Mt.Gox将启动偿还计划 #币安合约锦标赛 $BTC $ETH $BNB