7.09 Crypto Market Analysis There is a high probability that the bottom will end this week, but the real certainty will have to wait a few more days. There is still heavy pressure at the top, with uneven long and short positions. The funds for July are still being selected. The Asian market has a significant impact on the market, and the market has not yet completely stabilized. The impact of the German government’s selling pressure on Bitcoin still exists, and there are still 27,000 Bitcoins in hand. It is expected that the real pullback will take a long time, and there will be enough time to slowly cover positions and buy spot stocks. Daily level analysis: A large-level downward trend, with upper pressure near 58,000 and lower support near 55,000. 4-hour level analysis: In the upward trend, the bottom support is near 56,000, and the upper pressure is near 57,300 and 58,000. Intraday level analysis: Pay attention to the callback near the upper pressure position of 57300, the bottom support near 56300, and the extreme position near 55500. The overall 4-hour increase is accompanied by a decrease on the hourly line. Pay attention to the retracement of key positions. The recent market situation and contracts are still difficult. If there is a profit, you should take it and don't follow the pattern. The super-large level trend order has not yet arrived, and there are still many opportunities for wear and tear for the time being. The spot is stable through this difficult time and handles things calmly. #Crypto#Bitcoin#CryptoMarket#CryptoNews#CryptoAnalysis#CryptoTrends#CryptoTrading#Blockchain#BTC#CryptoInvesting#CryptoInsights#CryptoUpdate#CryptoCommunity#CryptoAlerts#CryptoGrowth#CryptoStrategy 858205842 44