BTC fell to 58500 and entered an oversold market today. After rebounding to 62300 yesterday, it fell back to 61000 this morning. Before the big drop, it was notified that BTC would have an oversold opportunity to enter the market directly if it fell back by more than 5 points. Then after the rebound yesterday, it was also notified that there was a callback line and it was recommended to sell profitably. So what do you think about today being the third day? There are still 2 days of oversold cycle here. The strength of another small-level rebound is particularly critical. The intraday opportunity is to stop falling after a small-level sharp drop. The short-term pressure level of BTC is 62220 ~ 62580, and the short-term support level of BTC (short) is 60590 ~ 598102.
In this wave of altcoin rebound, several hot coins showed signs of big funds protecting the market and pushing up the prices.
DONE、ACT
The good news is that in early July, it will be combined with 3 coins to form a super AI project. The AI track will definitely be one of the most important stories in this bull market, so it is recommended to find opportunities to enter the market and hold for the long term (at least double in the mid-term).
LIST
A pledge announcement will be released today. This coin is the one that just happened to be at odds with retail investors. Binance invested 10 million US dollars in it. After the first day of going online, the trader did a deep wash and violent contract. Now that the conflict has intensified, it is likely that the coin will develop into a strong one. The intraday contract wash of this coin is particularly serious. Please strictly stop loss on the contract.
RATS
MEME coin in the Bitcoin ecosystem has a relatively small market value and a strong retail investor base. The disadvantage is that there is no clear investor leadership, and it is prone to FOMO and collapse. It is recommended to hold it instead of holding a large position.
ok
The most stable coin, supported by RWA leader BlackRock, just hold it for a long time. It was the first altcoin to return to its previous high in the last round of major correction.
PEPE/PEOPLE
The strongest MEME coin this year is most likely related to the US election, especially next month when Trump and other candidates are expected to attend the BTC conference and make an appearance. It is recommended to hold it.
WIF
It is the booster coin of SOL. It follows the rise of SOL by 2~3 times. The daily line of SOL falls back to the big support lifeline near 120. The callback here is a big opportunity, so if WIF rises or falls with it, you must seize the opportunity.
At present, the bulls are turning back to drink water, and the second half of the bull market is unstoppable. No matter how skeptical the leeks are about the market, no matter how pessimistic the leeks are about the future market, the main force will not indulge the leeks' ideas. The main force will only run in the opposite direction of the leeks. There is hope for a big market in the next 3-6 months, and it is expected that there will be a super violent bull market in the next year. This is why, although Bitcoin has been falling in recent days, the profit of my account is still growing, and I made another profit of 40,000 yesterday. What is there to worry about if the big cake falls below 60,000? If the trend does not change, then the currency circle will continue to narrate, and the effect of getting rich quickly will continue to hype. The big trend is here, there is nothing to worry about.
June is about to end. May and June were the most difficult. It will get better starting from July. Enter the market with full position before the end of August and clear the market at the end of November. Enter the market before the Spring Festival and clear the market in April. The main narrative in the second half of the year will revolve around the election + the expectation of the Federal Reserve's interest rate cut. A big market trend is expected in the next 3-6 months, and a super violent bull market is expected within the next year.
