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6.18 Morning Bitcoin Strategy Analysis



The bearish strategy provided yesterday has been validated by the price movement, which fell to a low of 103337. There was also a 4000-point space, I wonder if everyone managed to take advantage of it?

Based on the current market dynamics analysis, after the closing of a large bearish candle on the daily chart, the night market showed a surge followed by a pullback, forming an upper shadow, indicating that the bullish upward trend is being significantly interfered with by bears. The market is currently in a wide-ranging fluctuation state, with a large amplitude, providing profit opportunities for both bulls and bears, but accurately grasping the entry timing and price level is crucial.

On the 4-hour chart, the continuous black candlestick has engulfed the previous gains, and the price has rebounded near the starting point of the previous decline, and the market is expected to maintain a wide range pattern. After a short-term rebound adjustment, it is expected that the pie will continue to face downward pressure, with the possibility of breaking below the support level and creating new lows. Pay close attention to the pullback after the price rush in the morning in the morning, which is a suitable time to lay out short orders.

Bitcoin recommendation: 105000-105500🈳 Target 103000

If you are still worried about not being able to grasp the market trends, why not try to make a change? I am always here to answer your questions and help you out, perhaps I can help you fill a gap get to shore! #Gate最新储备金104.53亿美元创安全新标杆#
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