The seventh round of the 10,000u plan, started with a principal of 1000u on July 1, 2630u on July 7, and 2889u on July 11. In the past few days, I have experienced the ups and downs of the monkey market, and I have been hurt back and forth. The position is a bit large, which affects my mentality. I only made up part of the loss this morning, and the short position is trapped again. I am tired! Especially Ethereum, which is as solid as a rock. Sun cut the spot at the cost of 3103 last night. Many whales on the chain also began to buy, causing Ethereum to remain motionless. The big cake is okay, the expected decline 📉, although it is a bit late, but it is basically consistent with the direction of judgment. The next idea is more inclined to take more at a low position! Especially the Ethereum series
As shown in the figure, my logic: I actually expected this wave of short orders to be the last drop last night, but there was no selling pressure last night, and the bottom-fishing in the Asian session was strong, so the market rose but was suppressed by the 6h EMA during the day. It did not rise at once, and the amount of funds was not enough, but the daily big cake showed a bottom divergence, and the bottom low point was raised. The value consensus for bottom-fishing was strong, which was a relatively obvious bottom signal. Then we only need to wait patiently for the decline of 7.10-7.11 to bottom-fish. In conjunction with the expectation of Thursday's inflation report + the macroeconomic situation in the past few months, the overall data has been improving. Therefore, the two interest rate cuts this year should be the early realization of the benefits. From the perspective of circulation, there has been a net inflow of ETFs for three consecutive days. It has been said before that 53,000 is the cost position of BlackRock's spot ETF. On the whole, I judge that Thursday should be in line with the news to make a pull-up reaction, waiting for the end of the sell-off. There should be a smooth bull market later, but it is only a structural bull market in the short term. I think the specific trend market needs to wait until the certainty of the interest rate cut is driven by funds to reverse the current situation! So for the time being, we can just treat it as a large range rebound of the daily line! #CPI数据 #美联储何时降息? #美国大选如何影响加密产业? #德国政府转移比特币 #BTC下跌分析