The holiday market is boring. The Bollinger Bands on the hourly chart narrowed yesterday morning, and the price fluctuation range gradually increased. There was a small pull-up in the afternoon, but the market is still in the consolidation stage. The opportunity to choose the direction needs to wait for the situation on Monday.
The liquidation chart shows that the cluster near the short position of this afternoon's pull-up has also been knocked down, and many short orders have been withdrawn. Today's weekly and monthly closings and the opening of the US stock market may lead to a double kill of long and short positions. In addition, the Ethereum ETF has been postponed and may be listed on the Nasdaq in mid-July. The postponement will not have a big impact and will increase the speculation space for the market.
There are only two ways to go in the future. The next step is to hit the position near 55,000 and then start to be bullish. Second, take a long low-level adjustment, repeatedly test the support to cheat the chips and bring them up in one stroke. It should be noted that the market in the past two weeks has been adjusted with shrinking volume on weekends. It fell on Monday. Those who have orders in hand need to pay attention to risk control