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7.8 Jinglu Bitcoin Midday Brief
The overall downtrend of Bitcoin has fully taken shape, with all moving averages turning downward in sequence, suppressing the market layer by layer. Prices continue to refresh periodic lows, and the rebound is particularly weak, with each small recovery facing resistance from moving averages. The current low-level sideways consolidation is only a brief pause, with weak bullish buying pressure. Bearish selling pressure will continue to be released, and the market will remain in a volatile downward trend.
Trading Suggestions
Short at 63000-63500
Target area 60600-60100$BTC #美国比特币ETF净流入4026枚BTC #Strategy上周减持3588枚BTC #美终止对伊朗石油制裁豁免