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After Bitcoin experienced a rise and fall, where will the long and short market go?

七月说
特邀专栏作者
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A wave of rise, a wave of fall, the market outlook to see.
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A wave of rise, a wave of fall, the market outlook to see.

Industry information

According to official news, CoinW will launch the LEND/USDT trading pair in the potential area at 10:00 on July 8 (UTC+8). It is reported that in September 2018, ETHLend changed its name to Aave. "Aave" is a Finnish word that means "ghost". "Ghost" represents Aave's efforts to create a transparent, open infrastructure for decentralized finance. Headquartered in London, UK, Aave is composed of 18 innovative and creative industry leaders.

Market review

Yesterday, Bitcoin had a mid-yang line, standing above the 20-day moving average, which can slightly improve the bearish technical aspect, but the popularity and activity of the currency market cannot be improved by a single positive line. The popularity of the currency market is sluggish, the market has lost its vitality, and the game space of Bitcoin is extremely limited.

market analysis

market analysis

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