BTC trend analysis today, July 8

Yesterday's Bitcoin K-line solidly engulfed the K-line of the day before yesterday, which indicates that the sell-off will continue. From a technical perspective, yesterday's sell-off volume was greater than the day before yesterday, MACD fast and slow lines were below the zero axis, RSI: 28.8, Fear and Greed Index 28 (Fear), Moving Average Short Arrangement (Bear Market). Today's trend is likely to continue to fall, so today's trend is likely to continue to fall, and it is very likely to return to the 51800-53000 range. Provide reference

Reminder: Investment is risky, enter the market with caution $BTC