6.20 Friday

Good afternoon, everyone!

The market continues to maintain a range-bound fluctuation, seemingly waiting for capital to enter before a new direction emerges. Additionally, various news factors introduce uncertainties. As the saying goes, we should avoid making moves in and out of the warehouse; as small retail investors, we should try not to act as fuel for the big players.

Bitcoin is currently experiencing a high-level pullback, with the initial target for a retracement looking at the area around 1040-1035. If this level is broken, then the next targets would be around 1025-1015. If the price retraces but does not break the first target level, the market will likely rebound. The rebound target to watch is initially around 1050-1055, and if this is broken, we will look at the levels around 1068-1078. If the price cannot effectively break through 1053-1055, the market will still experience a pullback. Refer to the above levels for entering and exiting positions.

The secondary high of the aunt's day has once again retreated and fluctuated. The initial target for the pullback is around 2500-2480, and if it breaks, the next targets to watch are around 2450-2430. If the second target level does not get breached on the downside, there will still be a rebound. The rebound targets to look at first are around 2540-2550, and if it breaks, then look at 2580-2620. If it cannot break through the 2550 line on the upside, the market will readjust again.

The overall strategy for the day is to first take a high position with low long positions on the Silk Road. Look for good entry points without chasing prices or making impulsive trades. For those seeking stability, it is advisable to wait for the range fluctuations to settle before entering the market. #Gate最新储备金104.53亿美元创安全新标杆 #超百家公司持有超83万枚比特币 #VIP专属余币宝定期理财