7/04 Bitcoin has surged several times but has not broken through effectively. Is it a pull-up to sell or a crazy market cleanse?

7/05 The market continues to fluctuate and the high point has not been broken. Will it plummet or soar?

7/06 Potential M head in the daily box, the callback has not yet ended, pay attention to whether it reaches 28600

Yesterday, the market went through a roller coaster of sky and floor. We expected a rebound but didn’t expect it to rebound so high. After touching 31500, it fell back and is currently testing the support of 29500. The daily line closed with a cross star and both long and short positions exploded. Yesterday’s article reminded us of the potential M-head in the box, and the pressure from yesterday’s cross star became greater.

After a night of shock, the global market collapsed, the Federal Reserve spoke out, and Goldman Sachs warned. On July 6, local time, the U.S. ADP employment report showed that the number of private sector jobs in the United States increased by 497,000 in June after seasonal adjustment, more than double the market expectation of 225,000, far exceeding the previous value of 278,000. It was the largest monthly increase since July 2022. Overnight, the Dow Jones, Nasdaq, and S&P 500 fell by 1.07%, 0.82%, and 0.79% respectively. Pay attention to the monetary policy meeting of the United Vinegar Association on July 25-26.

Daily Line

Test the bottom support of the box, which is also the overlap of BOLL middle track and MA20. Only when it breaks here will the downward space be opened, and there will be resistance in the short term. MACD zero axis fast and slow lines cross, SKDJ crosses downward, and OBV indicator turns downward.

4 hours

It is still operating inside the box and can only buy low and sell high.

ether

The upward trend of the daily line has been broken, but the overall support is still at 1800 within the daily box. After the top divergence, MACD returned to the zero axis, SKDJ formed a death cross, and also fell below the BOLL middle track. The price line fell to MA60 and MA120, where there is short-term support.

4 hours

If it falls to the 4-hour M head and neck line, there will be short-term support indicators showing a short position, but I personally think there will be a short-term rebound and we should not be overly bearish on the rebound strength. #MAV #合约锦标赛 $BTC $ETH $BNB