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Cryptocurrency is starting to mess with people again
Bitcoin dropped sharply yesterday, rebounding after reaching 75,100; the bulls' resistance is not strong but very resilient,
The 4-hour rebound volume is not very large, and the candlesticks are not big; the overall trend remains bearish,
The 30-minute timeframe shows a bullish arrangement, same as yesterday's analysis, expecting it to move upward to around 76,500,
But it is being suppressed by moving averages and continues downward, so now is a very good point to set up short positions.
Tonight's US stock market performance is terrible, fluctuating back and forth, killing liquidity repeatedly,
Recently, liquidity has indeed been very poor.
The trends of Ethereum and SOL are even weaker,
Bitcoin on the 30-minute chart still shows a bullish pattern, but Ethereum and SOL prices are directly pinned to the moving averages,
Oscillating narrowly up and down with almost no trend; it is recommended to enlarge the trend, reduce leverage, and short on rallies.
Recently, US stocks have performed extremely poorly, NVDA plummeted, Google surged, the market is completely unpredictable,
US bond yields broke through 5%, and everyone is now watching when the US stock market will explode.