The US stock market is really a beast, bringing down Bitcoin

Last night, the US announced the July unemployment rate of 4.3%, which was 4.1% higher than expected, which was bullish for gold, silver and Bitcoin. The slight rise lured the Bitcoin bulls to get on board. Then the Genesis wallet transferred a large amount of BTC and ETH, suspected of executing bankruptcy liquidation procedures. At this time, the smart leeks had realized that something was wrong and they all dumped the market and ran away. At this time, Bitcoin fell from 65,000 to around 64,500. Until 22:00, US stocks performed a diving market, Intel plummeted 30%, and Bitcoin did not pretend at this time, and directly staged a waterfall market. The leeks on the car had no time to escape. In the morning, Bitcoin had already fallen below 61,000.

Today's market analysis: From the K-line, if the 1-hour level closes another positive line, it will confirm that it has entered an upward trend. Even if it does not close a positive line, it will not fall again. It is almost bottoming out. There is little power to smash the market on the weekend, and short-term trading can be entered. The 4-hour, 12-hour, and daily levels are in a downward trend. The intraday pressure level is 64,000 and the support level is 58,400.