7.22BTC.ETF intraday market analysis,
Good afternoon, brothers, the new week has started to rise. The biggest reason is the hype before the ETF is passed tomorrow on the 23rd, plus Biden's withdrawal from the election and other hot spots. No matter how the market hypes, we should keep a calm mind and not get excited. Today's weekly line has stood firm on the weekly support, which means that the second wave of weekly rising market has started, and the weekly support is 65240. When the weekly line returns to this position, you can pay attention to long orders. This wave of market will at least rush to the position of 72000.
Intraday market analysis: At present, the price of Bitcoin has reached 68500 and started to go sideways. Now we are paying attention to the one-hour support. As long as the one-hour closing line does not fall below 67813, it will hit the previous high of 68432 again. If the one-hour closing line falls below 67813, the small level will start to pull back, and the pullback demand is 67265.66418.
The important support is 3507. As long as the four-hour closing line does not fall below this price, the market will continue to go up, with the target of 3535.3560. If the four-hour closing line falls below 3507, it will have to pull back at the four-hour level, and the pullback demand is at 3454.3409.
