#How will BTC perform in July after June's volatility?

Good morning ☀ Iron powder check-in 👍 thumbs up and make a fortune 🍗🍗🌹🌹
☆
☆
In the depressed market sentiment, the last day of June saw a pullback of nearly 10% in BTC, which fell from around 71900 at the beginning of the month to around 61100 currently. As of June 27th, compared with the first nine days after the halving, the number of withdrawals from miner wallets decreased from the highest 53000 times to 8000 times, a decrease of nearly 90%. It can be seen that the selling pressure from miners is gradually weakening, and the withdrawal amount has sharply decreased. Therefore, BTC is expected to usher in a new uptrend in July. If the selling pressure disappears, the uptrend will be even stronger.
☆
☆
The weekend trend of Bitcoin has a small upward correction in rhythm, with no significant fluctuations overall. After the price rebounded to the 61200 level, it continued to consolidate around 61000 sideways. There is not much room for operation at the moment. After another probe on the daily chart, the rebound did not provide much upward space. The daily K-line alternates between positive and negative, and there have been multiple short-term rebounds near 62000 being suppressed. Personally, I think this kind of suppression is just the dealer's short-term selling behavior, luring short positions or forcing long positions at high levels to surrender chips and quietly taking the taker. Therefore, the selling appears very accurately at the same price. Currently, there is a small range of oscillation at the bottom, and it is necessary to see a strong large positive breakthrough of the oscillation structure. This will drive the formation of a bottom inverted hammer line on the weekly chart, which is also a common signal for bottoming. In the short-term market, if the price is rejected again in testing downward at the end of the week, it is still necessary to pay particular attention to the support situation at the 60000 level in operation. The market is currently at a critical stage of accumulation, and if this position is supported without breaking, there is a high probability that it will continue to test the upper pressure after oscillation and consolidation.
☆
☆
The trend of Ethereum is also very weekend. From the trend, the short force is very weak. A bullish line with large volume has not fallen for five weeks, and it has been supported near the second long-term uptrend line with shrinking volume. The weekly chart is about to close, the monthly chart is finishing, and the quarterly delivery market has ended, indicating that the bulls still have a high probability of strong correction space. In the short term, after the rebound at the 3368 level, a weak consolidation was initiated. The market tested above 3400 several times during the day but did not get effective stabilization, and is currently running near 3380. Maintaining the weak oscillation situation from yesterday, as long as the pullback does not break the support level of 3320, it is expected that the short-term market will continue to enter consolidation. Therefore, do not blindly bearish, and beware of the price being pressured for a rebound. Currently, the short-term trend is entering consolidation, with attention to the resistance range of 3430-3460 above and the support range of 3320-3350 below!