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July 2 Evening Analysis
Evening pumps are opportunities for you to go short. $BTC
Indicator values: DIF=190.6, DEA=-118.9, MACD red bar value 619.1
DIF crossed above DEA from a low level to form a standard golden cross. Both lines are turning upward simultaneously, confirming a bottom reversal signal.
The MACD red bars continue to expand, indicating that bullish rebound momentum is being released continuously.
The DIF and DEA lines are still below the zero axis, indicating that the bearish pattern on the larger timeframe has not been completely reversed. This round of market is merely a corrective bounce after a major drop, not a trend reversal. Yifan's personal suggestion: short around 61800-62500, target around 60800-60000. #BTC #ETH #BTC走势分析