Thoughts in the morning of July 8
After entering midnight, Bitcoin still fluctuated above 57,000, basically maintaining between 57,000-57,300, and a few hours later, it was inexplicably inserted. So far, Bitcoin has reached a low of 54,701. This sudden insertion also caused Bitcoin long orders that entered the market at a low level to take back profits, and finally had to leave the market with a small profit. The market started on Monday and was so exciting. Perhaps it is destined to be another unstable week.
In the four-hour chart, after the upward K-line was blocked, the bears once again exerted their strength to close the space for gains. The three lines of the Bollinger Bands were running downward, and the range was compressed. After the K-line broke through the middle track, the price ratio was running in the middle and lower tracks. The current weak consolidation situation has not changed. At the daily level, the MA5 daily moving average continued to suppress the price, the MACD and KDJ indicators maintained a short resonance, and the EMA short- and medium-term moving averages still took advantage of the current shorts. The key position above the daily line moved down. The current short-term suppression area is the intraday rebound high. Combined with the above, the signal of the Kongtou is naturally clear, so you can just go short with the trend!
Morning operation suggestions:
Short in the 55500-55000 area of Bitcoin, target 54000
Short in the 2880-2860 area of Ethereum, target 2800#ASI代币合并计划
