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The early session saw three consecutive declines, falling 2000 points. Will the market trend rebound from the bottom or continue to fall?
Currently, on the 4-hour chart, there has been a strong fall with three consecutive bearish candles down to the low point near 117300. On the daily chart, there are also three consecutive bearish candles. In terms of the pattern, the low point of 117000 yesterday is not likely to hold, and the recent overall trend has been a wide range fluctuation between 117000 and 12000.
Looking at the weekly level again, today is also Friday, and as we all know, the weekend volatility will not be very large. We can see that last week's weekly low was around 115700. Therefore, today's slow decline in the morning has initially opened up the downward situation for Friday. We do not expect much of a rebound, and it is not impossible for the market to fall 5000 points in a single Friday session. In summary, a rebound presents an opportunity to short!
Specific operational ideas reference:
Short near 117800, targeting a fall to 115700, break below 112500!
Short directly near 3680 for Ethereum, targeting the fluctuation of Bitcoin!
#Strategy增持比特币# #山寨季来了?# #七月行情预测#