【Market Analysis on June 21, 2024】
Important information!!! Big short is coming!!! Big short is coming!!! Big short is coming!!!
According to the current market analysis, Bitcoin is about to go short, and it is not suitable to enter the market at present. Everyone's short-term long orders should be well defended.
If Bitcoin's daily line entity falls below 64020.6 today, it will go short. Friends who are not shorting should not be anxious. You can wait for the market to rebound before going short. The current short wave will give you two points: 60881.4-58561.7. Near these two places, small coins will plummet. Profitable spot should quickly reduce positions to protect principal and loss to avoid profit turning into loss. This wave of decline will last for 1-2 months before it can go down, unless there is news stimulus in advance. Of course, if the United States raises interest rates by the Federal Reserve, this wave of shorts will most likely be cold.
Warm reminder: When doing small varieties, you need to pay attention to the trend of the market and the market conditions of the market (try not to do altcoins if you don’t understand the market)
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