【2024-7-31 BTC market analysis】
Currently, Bitcoin is still in this wave of correction on the daily line. If the correction does not fall below: 64852.7, there is no need to be afraid of the long orders in your hands. It is expected that this wave of correction will take about 3-7 days. If it does not fall below the weekly line, there is no need to be afraid. There are short orders within 1 hour in the short cycle. This kind of short has high risk and low profit. You can also wait for the market to rebound and make some strong long orders of cottages. For example, JUP, BOME, MEW are all good varieties. (Try not to do cottage coins if you don’t understand the market)
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