The cryptocurrency market has shown positive movements today, but it is important to note that there is no clear technical explanation behind these increases. Despite the excitement generated by the upcoming Bitcoin conference, current technical analysis suggests a lack of strong indicators supporting a sustained buying trend. The “whales” seem to be holding their positions, which adds uncertainty to the market behavior. In addition, recent speculation about the approval of an Ethereum ETF has influenced the market, but without a clear technical direction.
The Bitcoin price has dropped below $64,000 after reaching a weekly high of $68,477, mainly due to profit-taking and concerns about potential oversupply related to Mt. Gox transfers. In this context, it is recommended to hold until the conference, as this event could significantly influence the market. However, it is prudent to continue monitoring the news and be prepared for possible fluctuations, as there are no technical indicators suggesting a sustained buy at this time.

After a downturn there are rebounds and opportunities
How to recover after a fall like yesterday's July 4th.
Some currencies and altcoins present us with alternatives to recover some of the lost money. $NOT $PEPE $SOL . You must be careful to buy low and sell high, check the volume and interest in the coins,
If possible, a transaction on the same day, avoiding a possible transactional reversal. Normally on Sunday when the Chinese market enters its work it fluctuates, be attentive.
#china #rebote #altcoins

Hello, I write my fundamentals and for a bear market like the current one.

Internal

1. Diversify your portfolio in stablecoins and cryptos (BTC and ETH) but reduce investments in altcoins (high volatility and correlation with $BTC )
2. Review the upper / low of the last 24 hours to generate short and long stop loss / profit. Buy low and sell high.
3. Stick to a strategy, record it in a journal and review. Correct if necessary
4. Generate positions that can cover you, long and short futures, but be careful with 5% to a maximum of 10% of your portfolio. Use stop/loss.
5. Check the sales volume (supply and demand) by currency, it is a market indicator. Speculation and nervousness.
6. Review the technical indicators (Rsi, MAR, Bollinger).

External. News

At this time, speculation about the sale of whales such as Mtgox and the German Government generates panic and people rush to sell; The market goes down and the positions are liquidated, generating more bear market.

Conclusion: We will be in a bear market until the picture of previous whale sales and liquidations during July becomes clear, it is time to act with caution for conservatives and high risk for speculators.

#MtGox #gobiernoaleman #Bitcoin #bajista