What is the correct bullish or bearish view, mid-term market analysis - BTC!
The starting point of market analysis is bullish or bearish,
but the focus of market analysis is where to be short and where to be long.
So for the same market, some people are bullish and some are bearish, which is not contradictory. The key is to see where to be long and where to be short?
If you analyze a lot and don't get the point, it's like writing a narrative article without mentioning what happened. The whole article is full of awesomeness, so it's naturally zero points.
Friends who are familiar with me should know that I am a technical bull. My trading style is nothing more than breakthrough buying or low-long mode, which is also the main method of bull operation. Therefore, the focus of technical analysis is to buy in places with a high probability of rising and sell in places with a high probability of falling in combination with the structure of each level.
If you put aside the internal structure, I think it is meaningless to blindly be bullish or bearish, because the analysis mixed with too many subjective views is easy to go against the actual market trend. After all, technical analysis is just a method of using the existing structure to predict the price trend, not a fortune-telling method.
Back to the market, in terms of the general idea of BTC mid-term, we can compare the trend after the June 24 and July 5 spikes. They have certain similarities, that is, the main decline is followed by sideways trading. The difference is that the long-short divergence has increased significantly this time. However, I think that the long forces of the offline structure are weak, and it is difficult to have a large rebound space before sufficient adjustment (time or space), so it is not advisable to operate aggressively here. The safe buying point of the mid-term is after further exploration or after the sideways trading ends.
If the sideways route is adopted, it will take a few days to wait. In terms of the "Lifeline Strategy", it is necessary to confirm the relationship between the K-line and the daily MA30; if the callback route is adopted, the previous rising relay structure of 52600~50700 area and the main control line of 48615 are the key areas to pay attention to. The position configuration is naturally light at the beginning and heavy at the end. You can use the mode of 52600 for the first position and 50700~48615 for the replenishment position (just for reference).
Before the market changes, the upper and lower reference support of the short-term fluctuation range is 54930, and the suppression is 58410~59880.
