BTC 0731 trend analysis
Yesterday, the big cake closed with a negative line, confirming that it fell below the support level. The current support area has become a resistance area (near 66800).
From the trend analysis of 1H and 4H, we can clearly see that the highs are getting lower and lower. Although the lows are currently flat, there is a high probability that they will continue to pull back. The support below is in the 63800-64400 range.
Therefore, today's operation is the same as yesterday, shorting. The stop profit is still around 64400
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