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Analysis of Bitcoin Market on July 4Bitcoin market analysis on July 4: We have initially predicted that the market will experience a trend of first decline and then rise. So far, the expected downward trend has emerged, and the next key is whether it can successfully cross and stabilize above the important resistance range of 59500 to 60500. If this range fails to be effectively broken through and stabilized today, the market will continue to drop to the range of 56500-54700$BTC

Analysis of Bitcoin Market on July 4

Bitcoin market analysis on July 4:
We have initially predicted that the market will experience a trend of first decline and then rise. So far, the expected downward trend has emerged, and the next key is whether it can successfully cross and stabilize above the important resistance range of 59500 to 60500. If this range fails to be effectively broken through and stabilized today, the market will continue to drop to the range of 56500-54700$BTC
A look at the important developments at noon on July 3 7:00-12:00 Keywords: liquidation, Bitcoin, ether.fi, JPMorgan Chase 1. Bitcoin long liquidations accounted for 70% in June; 2. Bitcoin spot trading volume data shows huge buying pressure before halving; 3.ether.fi proposed to deploy ETHFI pledge contracts on the Ethereum mainnet; 4. Celsius Network took legal action to recover funds withdrawn before bankruptcy; 5. People familiar with the matter: Spot Ethereum ETF will still start trading in late July; 6. JPMorgan Chase: Ant International uses JPM Coin to process billions of dollars in funds; 7. Bittensor: Investigating wallet attacks, suspending on-chain transactions for 24 hours; 8. Mike Novogratz: Cryptocurrencies will receive favorable regulation no matter who wins the election; 9. President of The ETF Store: Spot Ethereum ETF theoretically means launching the week of July 15.
A look at the important developments at noon on July 3
7:00-12:00 Keywords: liquidation, Bitcoin, ether.fi, JPMorgan Chase
1. Bitcoin long liquidations accounted for 70% in June;
2. Bitcoin spot trading volume data shows huge buying pressure before halving;
3.ether.fi proposed to deploy ETHFI pledge contracts on the Ethereum mainnet;
4. Celsius Network took legal action to recover funds withdrawn before bankruptcy;
5. People familiar with the matter: Spot Ethereum ETF will still start trading in late July;
6. JPMorgan Chase: Ant International uses JPM Coin to process billions of dollars in funds;
7. Bittensor: Investigating wallet attacks, suspending on-chain transactions for 24 hours;
8. Mike Novogratz: Cryptocurrencies will receive favorable regulation no matter who wins the election;
9. President of The ETF Store: Spot Ethereum ETF theoretically means launching the week of July 15.
Analysis of Bitcoin market on July 2: From the structure of Bitcoin, it can be defined as a structural completion, but before it falls below the neckline of 62500-62600, it still has the opportunity to leave the central axis. Ethereum has completed the breakthrough of the falling channel and stepped back on the upper edge of the channel, so today Ethereum's market will be stronger than Bitcoin. The general direction is still to see fluctuations. After waiting for the market to give a better high point, it will be more appropriate to choose high altitude! Strategy suggestions:     Bitcoin: 63300-400 short 5% to prevent unexpected fluctuations 64200-300 to add 5-7% stop loss 64800 take profit 61500 Ether: Today, the daytime fluctuation is bullish, and the evening and night are bearish. The idea is to short at a high position. 3460-70 enter the position 5% short, prevent unexpected fluctuations 3540-50 to add 5-7% stop loss 3580 take profit 3370
Analysis of Bitcoin market on July 2:
From the structure of Bitcoin, it can be defined as a structural completion, but before it falls below the neckline of 62500-62600, it still has the opportunity to leave the central axis. Ethereum has completed the breakthrough of the falling channel and stepped back on the upper edge of the channel, so today Ethereum's market will be stronger than Bitcoin. The general direction is still to see fluctuations. After waiting for the market to give a better high point, it will be more appropriate to choose high altitude!
Strategy suggestions:    
Bitcoin: 63300-400 short 5% to prevent unexpected fluctuations 64200-300 to add 5-7% stop loss 64800 take profit 61500

Ether: Today, the daytime fluctuation is bullish, and the evening and night are bearish. The idea is to short at a high position. 3460-70 enter the position 5% short, prevent unexpected fluctuations 3540-50 to add 5-7% stop loss 3580 take profit 3370
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