[Yingbei Trend Quantitative BTC Weekly Analysis Strategy on July 24]

[News Analysis]

Mt.Gox has so far transferred $3.894 billion and 61,558.9 BTC to exchanges that execute compensation distribution, of which 51,342.8 BTC have completed compensation distribution to creditors, and there are still 80,126 BTC worth $5.288 billion that have not been transferred out to exchanges that execute compensation distribution.

The ETH ETF attracted more than $1 billion in trading volume on the first day, but the ETH trading volume on centralized exchanges has hardly changed. However, the share of ETH trading volume relative to BTC has increased from 22% to 41%, indicating that trading activities in the ETH market are accelerating.

On July 26, BTC options with a nominal value of approximately $3.96 billion and ETH options contracts with a nominal value of $1.73 billion expired and were delivered. The maximum pain point price of BTC was $63,000 and the maximum pain point price of ETH was $3,400.

[K-line trend pattern analysis]

1. K-line pattern:

- The recent K-line has shown a volatile trend, and the price fluctuates at a high level.

- A negative line with a long lower shadow was closed last week, indicating that there is some support below.

2. Technical indicators:

- MACD: Both DIF and DEA are negative, but the MACD histogram is gradually shortening, indicating that the short-selling force is weakening and a rebound is possible.

- RSI: The current RSI is 58, which is in the neutral area and has not entered the overbought or oversold range. We need to pay attention to subsequent changes.

- EMA: The price is currently above EMA7 (64420), but close to this moving average. If it falls below, it may test the support of EMA30 (58999).

3. Trading volume:

- Trading volume has decreased in recent weeks, and market activity has declined.

- The alternation of large-volume rises and small-volume pullbacks shows that there is a disagreement between the long and short sides.

[Buy and sell points]

- Buy point 1: 64580 USDT (close to EMA7 support level, and the integer level has strong support)

- Buy point 2: 63300 USDT (near the previous low point, with strong buying support)

- Long stop loss point: 63000 USDT (slightly lower than the low point of the previous band to prevent false breakthroughs), first look at the support situation of the 60700-60000 range if it breaks.

- Selling point 1: 67600 USDT (close to the recent high, there is selling pressure)

- Selling point 2: 68500 USDT (close to the recent high, there is selling pressure)

- Selling point 3: 70000 -70300 USDT (integer level, may form greater pressure)

- Short stop loss point: 71000 USDT (slightly higher than the high point of the previous band, to prevent false breakthroughs)#比特币大会 #BTC走势预测 #MtGox钱包动态 $BTC