7.1 Bitcoin trend analysis: Bitcoin’s monthly line closed with a long negative line, and there is sufficient downward momentum. It is expected to continue to decline in July. There are two possibilities for the short-term shock structure. Ethereum adjusts simultaneously, pay attention to low and long opportunities, and altcoins wait for Bitcoin to stabilize (Bitcoin Contract Trading) Commander

Original author：比特币军长

Original source：https://www.youtube.com/embed/YHdSz5oHr_k

What is the trend of Bitcoin today? What is the Bitcoin prediction? 7.1 Bitcoin market analysis: Bitcoin’s monthly line closed with a long negative line, indicating that the downward momentum is still sufficient, and the overall trend in July is likely to continue downward. From a structural point of view, it is currently in the b wave shock stage of large-level ABC adjustment. There are two ways to move the intermediate shock structure: one is the abc rebound of the 335 structure, and the other is the abcde consolidation of the triangular structure. The difference between the two structures lies in the amplitude and shape of the shock, but they will eventually continue downward to complete the C wave decline. Bitcoin is currently running near 58,000, with both the daily and 12-hour bottom lines diverging, but the golden cross signal is not yet obvious. If the 6-hour level hits another low, it will be a better opportunity to go long. Overall, the shock structure has not yet ended, and is expected to continue to wear out time. The first half of July was dominated by shocks, and the second half of the month started to decline. The trend of Ethereum is synchronized with that of Bitcoin, and it is also in the b wave of the second set of ABC adjustments. There are also two possibilities for the intermediate shock structure. One is an abc rebound, and the other is a triangle consolidation. The current shock range has not yet ended. Altcoins such as NEAR have established a good bottom shape and have the potential to go long, but they need to wait for Bitcoin to stabilize before getting involved. Order opening advice: In the short term, you can sell high and buy low within the Bitcoin shock range, paying attention to the support near 58,000 and the upper pressure level. If it reaches a new low in 6 hours, you can try to place a long position with a short position, and the target is the upper edge of the shock range. In the medium and long term, it is recommended to wait for the end of wave b shock before placing short orders. Pay attention to controlling positions and strictly stop losses. Risk warning: There is uncertainty in the shock structure. If Bitcoin falls below the previous low, the bottom divergence may be invalid and the loss needs to be stopped in time. The market is highly volatile, so please operate according to your own risk tolerance. The latest opinions are shared in the [Bitcoin Commander] channel. Join for free now: https://t.me/junzhangbtc Join for free now: https://t.me/junzhangbtc Get: 1. Practical cheats on contract technology. 2. Daily contract opening strategy. 3. The latest market view of Bitcoin. ★Bitcoin market analysis video daily update blogger, the greatest pleasure in life is to watch the K-line, judge the market trend, and look for opening opportunities. ★Trend Trader releases Bitcoin market analysis videos every day. Analyze all original works, not talking about theory, only practical operation. ★Use the wave theory to lead a group of friends to escape from the top at 65,000 in April 21, and to buy the bottom at 29,000 in July 21. Jun Zhang focuses on digital currency trading and market sharing, and mainly relies on the wave theory to analyze the currency market. The wave theory can predict the cycle and amplitude of Bitcoin’s rise and fall, and has repeatedly verified the effectiveness of the wave theory in the currency circle. Welcome to join the Army Commander market exchange group for free, track market trends, and make money following the trends. ☎️Telegram channel https://t.me/junzhangbtc 👏Discord community https://discord.gg/q7GPxjxEzM Customer service WeChat: btc7299 Official website: junzhangbtc.com There is also a banned group that provides opening strategies. You need to use our link to register for the exchange. 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