Currently flatbread Ether sol
24-hour turnover
It adds up to about 1 billion transactions
About 350 million respectively, which is pitiful
However, the long-term shrinkage does not fall, and the general volume rises 📈 with a high probability of changing the market is expected to see whether it will continue the direction of this post
The liquidity of altcoins has also almost reached the lowest point in history, and some have fallen to the low point of the last bear market
It also means that the current market trading sentiment has reached an all-time low
And some cottages are doubling their gains at every turn, if interest rate cuts are expected to continue to ferment, before the landing of funds, the cottages will break out a wave of larger markets
Similar to the wave from April 21 to May 5
Above Bitcoin is nothing more than the pressure level in such a few circles, around these points for a while, and it is really boring for a while.
Therefore, I will ignore these pressure levels and do the following operation ideas:
1. Waiting for a large-level short opportunity in one step, that is, the price travels to the range of two yellow lines, and the technical pullback caused by the maximum margin of liquidation.
2. The main intraday support area is much shorter.
Why do you think so, because the deep decline of bitcoin is almost due to the fermentation of negative news, and has nothing to do with the deep adjustment on the technical side.
In the first half of the year, Bitcoin fell from 110,000 to 75,000, not due to technical reasons, but because of the escalating tariff war.
The $10,000 pullback a few days ago was due to a temporary pullback caused by the sudden outbreak of war.
So what are the two big pullbacks because there is no news and there is a deep pullback caused by a purely technical side? The answer is no
So in addition to the expectation of interest rate cuts in the next few months, what will be the negative news? I can't think of it
Technical means can provide short-term ideas,
But Bitcoin, I think it's more about looking at the direction in combination with macro ideas.
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