On Friday, June 28, a new idea of Bitcoin trend has been updated
In the long river of time, I strolled alone. The sun shines through the mottled leaves and sprinkles on the ancient stone road, forming pieces of jumping light and shadow. The breeze blows gently, bringing a faint fragrance of flowers, welcoming the dawn. It is a new day again, let us embrace this day full of infinite possibilities with full enthusiasm.
Bitcoin basically showed a slow upward trend in yesterday's market. After reaching the highest level of 62400 in the evening, it was under pressure again. After reaching the 61300 line in the early morning, it rebounded. It was located at the 61600 line. After the idea of yesterday morning was slightly taken, the idea of the afternoon was swept away. In the evening, it was also clearly stated that 62400 suppressed the bearish view. The market trend also perfectly matches our short position, and the overall retreat is 900 points. In the short-term rhythm, the long and short positions did not continue, so the operation should be treated in the range.
The current trend is still in a weak market. Although there is a rebound in the short term, the rebound has not continued too much, and the upward movement is still blocked. In the short-term trend of the daily line, a yin-yang alternation has been formed, which is in line with the current market trend after a continuous decline. After all, the market will not fall or rise all the time. In the short term, a low-level box oscillation rhythm has been formed, and neither long nor short has continued. Then the operation needs to be stuck. If the range is not broken, the idea of high-altitude and low-multiple should be maintained. The short-term view ends the unilateral view first, and the position is broken before following.
On Friday morning, it is recommended to short the 62000-62500 area of big cake, and look at the vicinity of 61000-60500. If it does not break, look back at 1000 points
On Friday morning, it is recommended to short near 2460-3480, and the target is 3400-3350. If it does not break, look back at 100 points
Risk control is the lifeline of trading. No matter how good the market outlook looks, we must not ignore the potential risks and avoid excessive greed and fear, so as to preserve capital and seek stable returns in the ever-changing market.