Crypto market analysis 7.06 The stage bottom or bottom appears, and the next decisive battle is brewing.
Everything is still within expectations. The U.S. stock market is closed during the day and Asian exchanges are dumping stocks. The super-control behavior makes more people panic and uneasy. This round of bottom has appeared, but it is not easy to say whether it is the bottom before the bull market. It will take the CPI in mid-July to know, but at least, there is not much room for decline at this position.
The second is the key point. Many people say that retail investors have cut their losses in this round of big drops. How many retail investors have cut their losses? Anyway, I haven't seen many. It is said that there is a lot of BTC chips sold in China. There will indeed be selling pressure, but the real domestic transactions are OTC transactions, which will not affect the price trend much.
So this round of big drops still found news to cover up the real purpose of the dealer.
Daily level market-Daily level large-scale downward trend, upper daily level pressure is around 67,000, and lower support is around 53,000.
4-hour level market
The 4-hour level bottom appears, the bottom is near 53,000, the bottom support is near 55,600, and the upper pressure is near 58,000.
Intraday level analysis
----- For all intraday market conditions, the weekly line has reached the bottom, and the extreme pin position has reached near 53,000, which is basically over, but it is still possible to pass 55,000 again next week. Buy chips but don't rush.
The intraday level starts to rebound, and it is necessary to look at it reasonably whether it is an oversold rebound or a formal rebound. The intraday level bottom support position is near 56,000, and the upper pressure is near 57,000 and 58,000. The weekend is relatively flat and you can buy some spot at a suitable position.
Spot can safely pass through this difficult moment in the history of encryption, and be calm in the face of things. #美国6月非农数据高于预期 #BTC走势预测