2024.6.7 (Personal analysis only)
Today's market analysis:
Last night, there was a big move preview. From 8 to 11 last night, there was a 3-hour back-and-forth wash. Finally, the market touched the key pressure area of 71700 on the daily level again and fell back. At 8:30 tonight, the non-agricultural data, I think, will cause a large fluctuation in the market. Let's wait and see.
Today, let's take a look at the weekly level. The MACD dead cross at the weekly level has indeed caused a relatively large suppression on the market's upward movement. In the previous weekly dead cross at the same price, there was a very large drop. This time it is a high dead cross. Will the same result appear? Here is a prediction. If it first breaks through the historical high of 73881, and then the false breakthrough is withdrawn and the callback begins, because MACD is lagging, the decline after the breakthrough will not immediately form a golden cross upward. It is reasonable to go this way. This is a prediction. As for whether it can come out in the future, we will adjust the strategy tracking in time.
On the 15-minute chart, the price fell last night and made a false break and recovery action, which got the liquidity below. Today, it is mainly low-long. If it falls to the 15-minute break, and the pin is stabilized at 0.618, you can consider long orders. Look at the strong pressure of 71700 above, and even break through to see the historical high of 73881. If it fails to hold up, you need to consider two points. First, there is a parallel bottom at 70100. Will there be another false break and recovery, and then an upward action? Second, will the position of 69300 below be touched?
There will be data tonight. If the overall operation does not reach the expected position, do not consider entering the market. Focus on the non-agricultural data in the evening.
Finally, I wish the college entrance examination students a smooth college entrance examination! Pass the exam! All bosses will make a fortune this year! $BTC