7.19 Bitcoin market analysis and operation suggestions:

In the 1-hour chart of Bitcoin, the price of the currency tested the 65,000 mark several times yesterday and then fell under pressure again. The current K-line continues to move downward in the EMA10 and EMA80 range. There is still strong pressure above the short-term. The first support below considers EMA120, and the second support considers EMA150 and the callback straight line range; the Bollinger band is closing, and the current K-line just forms a callback at the middle track position. During the day, you can pay attention to the upper track and the callback straight line pressure position as a short entry point;

In the 4-hour chart, the Bollinger band channel has turned into a downward channel trend since the day before, and currently forms a parallel downward movement The state of the market is still not closed, indicating that there is still a large space below. You can continue to pay attention to the middle track position for shorting during the day, which is also consistent with the hourly track position. DIF and DEA in MACD continue to spread downward after forming a dead cross at a high level. There is still space below. The current medium and long-term support is strong. The support below considers the intersection of EMA200 and EMA60. Below EMA60, there are also multiple support lines with EMA150, EMA80, and EMA120. Therefore, it is still a bit difficult to expect a short-term break below the 61000-61500 mark, unless there is a negative impact like the last round of German light positions!

It is recommended to short 2% in the range of 64200-64600, reserve 4% for replenishment at 65200-65400, stop loss at 65500; take profit at 63150-62500-61800; It is recommended to go long 2% in the range of 61500-61800, stop loss at 60800; take profit at 1000-1500 points