06/01 Market Analysis
🐶Flow analysis
The bulls and the shorts continue to fight, and the bulls are the ones who are injured. Yesterday I talked with a friend: "Because too many people say that the bull market does not go short," so on the contrary, when the price goes down, there will be people who keep opening long orders to pick up the bulls.
But the monthly line has been closed. June is also the last month of Q2. Judging from past quarterly data, Q2 is basically rising, so it is expected that June will have a good performance as a whole.
🐮Sentiment Analysis
Yesterday, the long position was basically cleared, but the tariff was on the high side, which is quite strange. Basically, the price remains unchanged, which means "take profit for short orders or the bottom for long orders is opened."
The next thing to pay attention to is the "performance of U.S. stocks." U.S. stocks have basically risen to unknown levels, but the current situation is "U.S. stocks are rising, the currency circle is unchanged, U.S. stocks are going down, and the currency circle is following."
The recent news is nothing more than "President, ETF, Israel, interest rate cuts". If you master these four news aspects well, you will basically not miss important information in the currency circle.
😎Follow today
1. Judging from the long-short ratio of BTC, which is currently close to 0.75, there is a high probability of a short-term rebound. In addition, today is the weekend, and retail investors are king in the holiday market.
2. ETFs as a whole continue to maintain net inflows. As long as the Bitcoins that are smashed are absorbed by institutions, basically the main players will have the opportunity to become "large American investors", and the profits of institutions must be at least 2-3 times. Sell-off, so 100,000 Bitcoins can be said to be a sure thing
3. This week’s featured coins:
ETF related: $ena $ethfi $ldo (obviously strong)
Potential ETFs: $SOL $Jto $jup $pyth $avax $xrp
Recent news: $stg $w $ton $metis
