This week, Bitcoin performed strongly, rising sharply for three consecutive days. Although it retreated sharply yesterday due to the selling pressure from Mentougou, it did not change the bullish strength.
Today, the Asian session broke through the 66,000 mark, but there is uncertainty in the market and it may be affected by selling pressure at any time. Investors are advised to operate cautiously and pay attention to risks.
In terms of market news, focus on three major events: Trump stated that he would not fire Powell in advance and did not support the recent interest rate cut; Ethereum ETF is expected to be officially listed on July 23, and the documents have been submitted for SEC approval; Mentougou has repaid Bitcoin and BCH to more than 13,000 creditors, and there are still a lot of distribution plans in the future.
Technical analysis shows that Bitcoin is strong on the daily line. After breaking through the neckline at the beginning of the week, it showed an upward trend and stepped back again in the short term.
It is recommended to sell high and buy low within the 66,500 pressure test and 62,800 support range to flexibly respond to market fluctuations.
The current market changes rapidly, and the exchange (Jun Yang): BNB 000789 is requested to investors to handle short-term operations with caution and make reasonable decisions based on technical and market news. #美国6月非农数据高于预期 #TON #BTC下跌分析 #德国政府转移比特币 #美联储何时降息? (BTC and ETH early review strategy analysis from Monday to Saturday, often recommend high-quality coins and live analysis, long-term and irregular experience VIP password) Pay attention to the main business and don't get lost