$BTC Laoliu market analysis/operation suggestions on July 7
Yesterday, Bitcoin stabilized near 30,300 and then fluctuated upwards. It surged higher and fell back in the afternoon, hitting a low near 29,680 before rebounding. This morning it dropped again to around 29,800, and now the price is running around 30,200. The short-term trend is uncertain, and we need to wait for the end of the weekly K-line to confirm the direction. The support level is 29600 and the pressure level is 30800. It is recommended to enter long orders at 29800-30000, target 30500-30800, and stop loss 29500; enter short orders at 31000-31300, target 30000-29800, and stop loss 31300.
Pay attention to the impact of the non-agricultural data in the evening. At present, the market is volatile. Make cautious decisions and pay attention to risks!
Yesterday, Bitcoin stabilized near 30,300 and then fluctuated upwards. It surged higher and fell back in the afternoon, hitting a low near 29,680 before rebounding. This morning it dropped again to around 29,800, and now the price is running around 30,200. The short-term trend is uncertain, and we need to wait for the end of the weekly K-line to confirm the direction. The support level is 29600 and the pressure level is 30800. It is recommended to enter long orders at 29800-30000, target 30500-30800, and stop loss 29500; enter short orders at 31000-31300, target 30000-29800, and stop loss 31300.
Pay attention to the impact of the non-agricultural data in the evening. At present, the market is volatile. Make cautious decisions and pay attention to risks!