Weekly Analyze of Crypto Investing

Date: Jun 28, 2022 — Jul 1, 2022

This week, the crypto market did not continue the rebound trend of last week, but fluctuated downward.

BTC weekly turns negative. The daily line encountered resistance and the left side of the consolidation area engulfed last week's gains. The structure has evolved from a potential head and shoulders bottom to a box shape, and the adjustment period has become longer. The support range is 18000-19000, and the pressure range is 21500-22500.

ETH's weekly inertia has fallen, and it is expected that there will be a divergence and rebound trend. The daily line continued to be regarded as a consolidation phase before breaking the low consolidation situation. Pay attention to the effectiveness of the breakthrough on the upper and lower sides of the interval. The middle price is 1150, the support range is 900-1000, and the pressure range is 1200-1300.

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(For reference only, plz invest rationally)

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