Only with a calm mind can one achieve great success. Investing is only for making money, everything else is just empty talk. Making money is the only way. Hello everyone, I am Jinrui from the cryptocurrency circle!

[BTC 4-Hour Chart]

Currently, the bearish trend still dominates the 4-hour chart, with the key being the "red trend line". Even short-term rallies will be accompanied by pullbacks until this trend line is broken.

Short positions supported by the 25EMA can be held at the moment.

[BTC 1-Hour Chart]

A head and shoulders pattern has formed on the 1-hour chart, so caution is needed for a short-term decline.

As described in the 1-hour chart, caution is needed for the "head and shoulders pattern". The neckline is around $57,200 to $57,100.

Due to the current strong resistance above, Jinrui will continue to focus on shorting on rebounds until breaking the EMA.

~July 12th Ultra-Short-Term Entry Points~

① Short at $57,600 using the 25EMA on the 1-hour chart as short-term resistance.

Target price: $57,100 to $56,600

Stop-loss price: $58,000

② Long after breaking $58,000, entry at $58,100

Target price: $58,900

Stop-loss price: $57,700

• No one can predict the future. All we can do is gradually accumulate profits by facing the charts.

If you want to receive real-time information later, please like and share to let me know 🙌🏻. If this is helpful to you, I hope you can like it ❤️ and follow me, looking forward to your support.

I have years of in-depth research on spot contracts, BTC, ETH, and various altcoins. If you are experiencing difficulties in trading or long-term losses, or if your trades are stuck, you can follow my public account (Jinrui from the cryptocurrency circle). Investment involves risks, so be cautious when entering the market. With the constant fluctuations in daily market conditions, all I can do is use my years of practical experience to help you make investment decisions and manage your operations in the right direction.

The end of the article and other advertisements in the comments section are not related to me personally!! Please be cautious in distinguishing between true and false information. Thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。