All friends in the cryptocurrency circle please note, you are here to read my article, and you are looking for an answer. Now, I clearly tell you that although there has been a short-term pullback in the market, the upward trend is far from over, and it will continue to rise in the future.
Regarding the evening's trend, let me briefly explain:
1. After testing the lowest point near 105k, Bitcoin rebounded, and the overall trend has returned to oscillating within the range; I know that this kind of trend recently has been very exhausting, but after enduring the short-term darkness, dawn will soon arrive!
2. There is a huge divergence around 110k, and many people may have already given away the chips in their hands, which is exactly what the main force wants to see! After a brief and rapid washout, the bulls will once again launch an attack toward 200k!
3. The current Bitcoin market is a transparent market; it is a structural bull market, but many friends are in the bull market without realizing it and cannot see clearly, insisting on placing themselves on the opposite side of the market!
4. The market is waiting for tonight's US ADP employment data, as well as tomorrow night's monthly non-farm payroll data (since Friday is the US Independence Day, the non-farm data will be released early on Thursday night)!
Likes, follows, and shares are the biggest support!
