In recent days, regulators have made frequent moves, and global crypto assets have suffered heavy losses and prices have plunged.  Under this extreme bearishness, the crypto market is not optimistic.  On May 18, the Internet Finance Association of China, the China Banking Association and the Payment and Clearing Association of China jointly issued the Notice on Preventing the Risks of Speculation in Virtual Currency Trading, prohibiting financial institutions affiliated to the three associations from carrying out businesses related to virtual currency.  On May 21, the 51st meeting held by the Financial Stability and Development Committee of the State Council pointed out that the regulation of financial activities of platform enterprises should be strengthened, and Bitcoin mining and trading behaviors should be crack down on, and individual risks should be resolutely prevented from being transmitted to the social sector. 
 
On June 21, the official website of the People's Bank of China released the "People's Bank of China to interview some banks and payment institutions on the issue of virtual currency trading speculation", remediation and cracking down on the crypto asset market again on a "tight constraint".  In this strong regulatory context, from mining to trading to "de-sinicization", the coin circle ushered in a "giant shock".  Industry analysts believe that the People's Bank of China this heavy hand, intended to cut off the crypto asset speculation "capital link".  You know, capital is profit-seeking, crypto market needs convenient access to money channels, it can be said that the move to remove the bottom of the fire.  Brother flower that the environment is not good, Bitcoin is more difficult to appear big market, do not hold too much hope for Bitcoin at this stage. 
 
Flower elder brother said yesterday, bulls did not take 30 days average is difficult to stand firm, all such as flower elder brother forecast.  Back to today's disk, the currency fell below 30 - day moving average support, effective today drop-off rebound is cloth belt, bulls don't heavy on track in the forest and 30 - day moving average is a fable, also means that the short term there will not be too good rally, at the same time spend elder brother think is difficult, want to plunge more than $30000 will defend to the death,  The main grind you here repeatedly, repeatedly harvest, flower elder brother does not recommend you to operate in this Bitcoin, making money is difficult, but can imconsciously lose money, this month ETH is good, the trend is very strong, may come out of the independent market, the pullback can focus on the layout.  Support: 32500, pressure 36500.