Crypto market analysis 7.09 This week, the bottoming out is likely to end, and the daily line can wait for two days
This week, the bottoming out is likely to end, but the real certainty needs to wait. The pressure above is still online, and the long and short positions are not even. The funds in July are still choosing, but the Asian market has a great impact on the market. For the time being, the market has not completely stabilized.
Up to now, the German government's selling pressure on Bitcoin is still relatively large. There are still 27,000 Bitcoins on hand. The market has been waiting for continued selling pressure. It is expected that the real pull will take a long time. There is enough time to slowly cover the position and buy spot slowly.
Daily level market
- The daily level has a large downward trend, the upper daily level pressure is around 58,000, and the lower support position is around 55,000.
4-hour level market
In the 4-hour level market upward trend, the bottom support is around 56,000, and the upper pressure is around 57,300 and 58,000.
Intraday level analysis
-----For all intraday market conditions, pay attention to the callback near the upper pressure position of 57300, the bottom support near 56300, the extreme position near 55500, the overall 4-hour rising market, the hourly falling market, then pay attention to which key position to step back.
All recent market contracts are still difficult. If there is profit, you should walk and run. Don't be scheming. The super-large level trend order has not come yet. For the time being, there will be many opportunities for wear and tear.
Spot can safely pass through this difficult moment in the history of encryption, and be calm in the face of things. #BTC走势预测 #BTC突破7万大关