| Overview of important developments at noon on July 8
7:00-12:00 Keywords: BitDeer, crypto.com, Uniswap, Hashkey
1. BitDeer: Bitcoin mining volume in June increased by 35.8% year-on-year;
2. Crypto.com seeks to recover $76,000 in transaction errors;
3. Security company: A user lost NFT worth about $400,000;
4. The release of Uniswap V4 depends on the completion of the Ethereum Cancun upgrade and audit;
5. The Hong Kong virtual asset license submitted by Hashkey is expected to be approved within a few weeks;
6. European Financial Markets Association: DeFi should be included in MiCA supervision in an appropriate manner;
7. The open source programmable cryptocurrency platform Spacemesh will be launched on the mainnet on July 14;
8. Shanghai Economic and Information Technology Department: The Shanghai Plan to promote the innovative development of the city’s blockchain industry will be released in the near future.
BTC market analysis:
From the hourly chart of BTC, the Bollinger Bands are running in parallel, and the lower band has a trend of turning upward. The currency price is hovering near the middle band. From the technical indicator KDJ, there is an obvious downward trend at present, and the MACD bulls are shrinking. The overall market is expected to go down first, and it will be around 29800----30000.
Judging from the four-hour chart, the three lines of the Bollinger Bands have a downward trend, the coin price is hovering near the middle track, the technical indicator KDJ has an obvious upward trend, and the MACD short position is also shrinking, but the coin price is rising slowly, indicating that there is suppression above 30600-30800.
Night operation strategy: short around 30500--30700, stop loss 31200, take profit 30000---29800
Long around 29600--29800 Stop loss 29200 Take profit 30000---34000
ETH market analysis:
From the hourly chart, the Bollinger Bands are shrinking, and the price of the currency is hovering near the middle track of the Bollinger Bands. From the technical live broadcast, KDJ has a downward trend. At the same time, MACD bulls are shrinking, and the price of the currency has a downward trend. The lower side is 1820-- 1840.
From the four-hour chart, the Bollinger Bands are in a downward state, and the currency price is hovering before the middle and lower tracks of the Bollinger Bands. From the technical indicator KDJ, there is an obvious upward trend. The MACD short energy is shrinking, but the price increase is weak, indicating that there is suppression around 1880-1900 ahead. The overall market trend is weak.
Operation suggestion: Enter short position at 1880--1900, target at 1860---1840.
1820---1840 long orders enter the market, target is 1860---1880
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