After the market rebounded for two days over the weekend, most of the gains of the coins have been cut by more than half. The big cake also hit the highest point near 58,300 and is currently falling back to 5.6. For the time being, this fallback is regarded as the second exploration. If the second exploration does not break 5.5, there is still room for fun. If it breaks again, the space below will open up again. You can take advantage of this fallback to absorb some goods if you still have a position. Those who have been trapped in the copycat should hold it first, and wait for the expectation of interest rate cuts in the future, and lie flat.
To summarize the recent negative news, the German, American and Mentougou sell, which makes the market, which already has little liquidity, worse. At present, the old Americans have sold 3,000 coins, and Germany sells a few hundred coins every day. In fact, the impact is not great. The compensation of Mentougou is also a gradual process. In fact, the panic in the market is still due to lack of confidence and panic stampede.
In the future, let's look at the CPI this Thursday. If it is lower than expected, then the probability of interest rate cuts in September will increase, which is a good thing. In addition, a joke, the World Cup is about to end, and those who sell coins to play football are coming back, and there will be expectations of return.
Therefore, in the future rebound of Bitcoin, pay attention to the daily MA7 and the daily Bollinger middle track (key point). Before the Bollinger middle track breaks through, it is still a downward trend. Even if it rebounds, don't get too involved. Wait patiently for the market.