The BTC price was rallying and then falling for no reason. The power of the news was limited. The market has picked up today, with a 1.03 BTC contract long/short ratio. Looking at the 4-hour line, the downtrend has been eased; MA5 line has crossed MA10 line, and is about to break MA30 line soon. Bollinger Band is still shrinking at the moment; MACD is running above the zero axis, and RSI and KDJ are turning up. Looking at the 1-hour line, the pick up trend is gradually being constructed at the bottom.
July ushered in a new beginning, and there is a high probability that there will be a small gain in the evening, with a high near 35,500U. If the price can not break through 36,000U this week, the market will continue to fluctuate and callback.
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