Good evening, folks!
The current weather is hot and humid, making it difficult to enjoy the beautiful scenery. People hurriedly seek refuge indoors with air conditioning to survive, but dare not complain about the heat, considering the many laborers toiling under the scorching sun. As indoor workers, do we have the right to say it's too hot?
With sweat and a shiny face, I have three virtues: health preservation, tea drinking, and listening to music.
What's for lunch? A vegetarian meal, ideally accompanied by a bowl of iced mung bean soup.
July calls for composure and tranquility, self-forgiveness, and respect for the passing hustle and bustle…
……
According to Glassnode's data, the current real market value of Bitcoin is $50,000. The report indicates that the average coin price shows a 2x unrealized profit, but most short-term holders are currently at a loss. Furthermore, the market's volatility index has significantly contracted, suggesting the possibility of greater price fluctuations in the future. Currently, the price of Bitcoin is still in a bull market phase but has retreated from the frenzy zone.
BTC: Looking at the 4-hour chart, the price rebounded above the Bollinger Band midline, with the short-term market stabilizing mainly in a range-bound manner and limited rebound space.
On the daily chart, the price is supported by the moving average, showing signs of stabilization.
In summary, the support level is at 57200, and the resistance level is at 57600.
ETH: Looking at the 4-hour chart, the price continues to fluctuate near the Bollinger Band midline, with the support level at 3000 and the resistance level at 3030.
LTC: The price continues to fluctuate near the Bollinger Band midline, with short-term market fluctuations as the main trend, and the support level at 63 and the resistance level at 66.
BCH: The price continues to fluctuate near the Bollinger Band midline, with short-term market fluctuations as the main trend, and the support level at 310 and the resistance level at 340.
That's all for now, good night!
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