【2024-7-16 Bitcoin Trend Analysis】
The current market trend is still the same, and the overall outlook is still bullish, but there will be a small cycle of callbacks and small short orders. This kind of short order against the trend is not recommended without a few years of experience. This kind of short order against the trend is very dangerous, because the big cycle is still on the long side, but if you are an experienced trader, you can open it. Newbies should pay attention to the retracement without breaking: 62319.1. This position continues to be bullish. If the weekly line can stand at: 65581.6, it will stand firm. Friends who have not bought spot don’t worry. When the trend comes out, we will arrange long-term spot long orders and start a new round of bull market. (Try not to do altcoins if you don’t understand the market)
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