There are only 3 days left in June. Tomorrow is the last Friday of this quarter and also the time for quarterly settlement.
For many old investors, quarterly delivery is bad news and will lead to a sharp drop in prices.
However, there is no rule that quarterly delivery will definitely lead to a sharp drop.
Although quarterly delivery is considered a negative factor at the end of each quarter, it also needs to be analyzed in conjunction with market trends.
If the market shows a reversal signal after a sharp rise and it is also the time for quarterly delivery, there may be a significant decline because the market is anti-human.
Let’s take a look at the trend of Bitcoin and Ethereum. Did they just experience a sharp rise? No, they just experienced a decline.
The market is always against human nature. It has already experienced a long correction before the quarterly delivery, so the possibility of another big drop before the quarterly delivery is very small.
Because the market is already in fear. When retail investors are afraid and think that there will be a big drop, and they are waiting for the big drop to pick up low-priced chips, do you think the main players will let them succeed?
We only judge based on the news and sentiment that conforms to market logic, and we don't see a big drop.
From a technical point of view, although Bitcoin did not successfully break a new high and then ushered in a wave of correction, the correction did not fall below the range of oscillation. It is still in the range of oscillation and did not break a new low.
Ethereum looks even better. After breaking through the bottom oscillation range with large volume, it ushered in this round of correction. However, we can see from the chart that after falling to the vicinity of the previous oscillation range, it did not fall below it.
In addition, Ethereum's daily line is in a large negative line with a lower shadow and large volume, and it appears at an important support level, indicating that the support below is very strong.
From a technical perspective, Bitcoin has shown signs of stopping the decline, and Ethereum has once again confirmed that it has stopped falling.
Although Ethereum broke a new low after stopping the decline last week, it did not have any impact, because Ethereum only broke the previous low and then immediately closed it up.
To put it bluntly, the downward spike on Monday means the contract will explode. The main force is playing tricks on those who make contracts. If you don't make contracts, there will be no impact. If you make contracts, you have to be able to endure the harassment of the gangsters.
Therefore, based on various clues, the more retail investors worry about the next big drop, the less likely the main force will follow the wishes of retail investors.
Many people enter the B circle and initially think that making money here is very simple. They just buy and sell and then put the money into their pockets.
As a result, after entering the market and experiencing it, I found that it was not the case. When to buy and when to sell became a big problem.
However, many people do not take it seriously and are still buying blindly. They do not realize that the reason they lose money is due to their own problems. Instead, they blame the bad market and the inaccurate writing of the article.
In fact, you really can't seek help from outside, because seeking help from outside can never solve your own problems.
The market is not good, but why do some people make money? For example, me, hehe.
As for listening to the news, since you have chosen to listen to the news, in this information age, thousands of people write articles and market trends. Each person has different abilities and technical levels. If you do not have the ability to discern the abilities of these bloggers and just blindly listen to the news, you will only lose money.
Take the article I wrote as an example. I reminded people that last year was a bull market, right? The result was that Bitcoin rose from $15,487 to a peak of $70,000.
I warned you at the end of last year that the market would rise in the first half of this year, right? The market rose from December to February-March this year, right?
Recently in mid-April, I reminded people to stop falling, but the market went up from mid-May to early June, right?
But if I said it at that time, you wouldn't believe it, because the market was falling at that time and had just experienced a decline. You were afraid that it would fall further and you thought I was playing a trick on you.
Just like now, I remind people that the market has stopped falling, but the vast majority of people still believe that it will fall further and are not optimistic about the market in July.
Why is this happening? The fundamental reason is that I don’t have the ability to distinguish right from wrong. It’s hard to even hear a piece of news, let alone invest.
Even if you believe me blindly and believe that there will be a market in July, what should you buy? Which coins will start to take off? This is another new question.
Therefore, all kinds of problems require conclusions. If you want to make money, you have to pay for it. If you want to change your destiny, you must first change yourself.
If you are losing money now and don’t know what to do in the current market, find the May
