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📅 July 3, 7:00 – July 9,
The recent trends in the Bitcoin market are worth following closely. I started indicating a possible downward trend from the 11 range and have maintained this view until now, hoping everyone gains something from it.
Analyzing the current market situation, Bitcoin has already broken below the support level of 1032 on the daily chart, which is an important technical signal. Just yesterday, we were discussing how to determine profit-taking strategies based on the daily support levels, and today the price has already broken downward, confirming the previous judgment. According to the developments in technical analysis, the market may further trend towards the 10.0 area.
For investors who have not yet entered the market, it may be worth considering opportunities to enter near the 1032 position. The market's fluctuations contain risks but also foster opportunities; the key lies in grasping the rhythm.
The current cryptocurrency market is showing an overall adjustment trend. As investors, it is important to maintain rational analysis, control risk exposure, and look for the best entry opportunities.