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Daily Report - 7/26
Yesterday, it once broke through 67000, which actually made people very nervous. Technical analysts have always been afraid of emotional traders, and once emotions take over, all indicators become invalid. The BTC conference is about to be held, and there are still plenty of funds with emotions. Fortunately, it eventually returned to the falling trend. The BTC conference will be over today, and there may be a pump followed by a continuation of the fall, or it may not rebound and directly bury the bullish traders who were watching the news. Whatever the trend, it is in line with the expectation of this fall.
From the left, the first target is 63300, the second target is 61000, and the third target is 53500. From the right, after a shrinking volume decline on the 4-hour level, do not continue to be bearish. As time goes on, it is highly probable that the market will be bullish in the second half of the year.
The Full Position strategy comes with stop loss. In future markets, I still think it has some advantages over the partial position strategy. The new indicator SL has also been tested for some time and seems to be working well at the moment. You can test it yourself.
(Transferred from TV-AiTradease)