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July 14 market analysis
Bitcoin is going down with the sun setting; the evening is dim. In the big trend, everyone is insignificant. US stocks and Korean stocks are falling. When the big cake drops hard, they may rise, but they can’t lift Bitcoin much. Liquidity is seriously insufficient. Now the crypto market feels a bit like self-entertainment. People play within a small circle, with no former glory. After 5 months, it has been slowly declining. There are no stable, reliable rebounds. When will Bitcoin break out into a new round of mainstream adoption again? If the trend is bearish, go for short at resistance. If the trend is bullish, look for longs at support. Manage position sizes reasonably!$BTC #BTC资金费率重回看空，与ETF回流背离
Resistance levels:
63,049 - 63,097
63,285
63,773.9
Support levels:
62,000
61,830
61,604.6$BTC