The market has been dragging on for a week. This kind of market is ineffective for short-term traders, requiring sufficient patience to wait for a trend to emerge.
Regarding the market, Yi Ming's viewpoint is relatively clear; the rise has not ended, and he is optimistic about opportunities from July to October. Currently, this position may not necessarily be the lowest point, but purchasing at this position is safe, especially for leading altcoins in certain sectors. Therefore, long-term investors can consider entering now. There are currently no points of interest for short-term trading, and signals need to be awaited.
BTC has support in the range of 103800~104100 on the daily line.
ETH: The daily line has support around 2475.
Currently, this daily support zone has not been effectively broken, but there is also no formation of bullish strength, resulting in this stalemate. Most short-term participation in this kind of market is just exhausting. Short-term traders can wait for the market to provide clear signals before entering.
There are eight days in a year that are considered very ominous. During these eight days, the earth's energy changes, and the human body is easily influenced by external environmental factors. This is the time when human energy is at its weakest, and major activities should be avoided to align with natural laws.
These eight days are known as the Four Absolute Days and the Four Departure Days.
Four Absolute Days: Refers to the day before the start of Spring, Summer, Autumn, and Winter, corresponding to the critical points of seasonal change. At this time, the energy of the five elements undergoes drastic changes.
Four Departure Days: Refers to the day before the four solar terms of the Spring Equinox, Autumn Equinox, Summer Solstice, and Winter Solstice, symbolizing the turning point of yin and yang.
Major decisions generally avoid these few days, as do trades.