Cryptocurrency News
July 4th Hot Topics:
1. "Notcoin" launches accelerator to drive the next wave of Telegram encrypted games.
2. CryptoQuant suggests that the surrender of "extremely low-return" Bitcoin miners may be a signal of reaching the bottom.
3. White House spokesperson denies rumors of Biden considering withdrawal from the election.
4. Jupiter launches meme coin trading platform Ape.
5. Data: Base's second-quarter on-chain revenue is approximately 19.48 million USD.
Trading Insights:
Every trader who carries the burden of wins and losses moves forward. One day in the market, one day of entanglement, one day of pain, one day of hope, one day of fear. Who has not experienced the cycle of fear? Who has not fallen into greed? Indeed, losers have their own desolation, but how many of the remaining winners can relax for a moment in the glory? In fact, rather than calling them winners, it is better to call them survivors. No one can defeat the market. The so-called winners are just those who, after the storm, understand how to converge their personalities, adapt to the market, and learn how to survive. Since ancient times, those who have had a sudden realization on the great path have all marveled that the mountains are still the same, and the water is still the same. The so-called experiences and baptisms are just helping to find the original self. Although it seems that we are still standing in the same place after experiencing countless hardships, what is more precious is the return to the original intention. Take what you should earn, give what you should lose, and let it be natural.
LIFE IS LIKE A JOURNEY ▲
Below are the real trading signals from the Da Bai community this week. Congratulations to the friends who followed. If your operations are not smooth, you can come and try.
The data is real, and each order has a screenshot taken at the time.
Search for the public account: Da Bai Lun Bi
BTC
Analysis:
Bitcoin's overall structure is in a downtrend. After a high rebound to near 63850, it once again tests the bottom. The weekly K-line pierced the MA30 moving average. If there is another retracement, positions can be built. The daily chart fell from the MA14 moving average to near the MA200. The resistance is near the MA7. The MACD shows an increasing bearish trend and forms a death cross. The four-hour structure shows consecutive bearish candles. The lowest point tested near 57800, and the resistance is also near the MA7. If a breakthrough occurs, the next target is near the MA60. The MACD shows an increasing bearish trend. Buying can be considered near 57150. The rebound target can be seen near 60000.
ETH
Analysis:
Ethereum's overall structure shows a downward trend. The weekly K-line needs to pay attention to the MA30 moving average. If there is a retracement, it can be used as a bottom-building position. The daily chart's support is near the MA200. If there is a retracement, positions can be built. The MACD shows an increasing bearish trend and forms a death cross. The four-hour structure's top pressure is near the MA7. If there is no effective breakthrough when testing upwards, short positions can be considered at this point. The MACD shows an increasing bearish trend. Buying can be considered near 3108-3060. The rebound target can be seen near 3200-3280. If the rebound reaches near 3280, short positions can be considered, with the target near 3230-3185.
Disclaimer: The above content is for personal reference only and does not constitute specific operational advice, nor does it bear legal responsibility. The market situation changes rapidly, and the article has a certain lag. If there is anything you don't understand, feel free to consult.
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