【Happy Dragon Boat Festival! BTC maintains a weak pattern, is it time to buy the bottom? 】
2024.6.10 8:12 am BTC market analysis
BTC's rebound over the weekend was very weak, and it did not touch the 70,000 mark, only reaching the lower edge of the 69,800-70,300 we mentioned. One-word poem: weak!
In this case, if you keep adding positions, it is like throwing stones into the sea without making any waves!
Therefore, what you should do now is to control your positions. The weekend game is over. This is also an idea that Sao Ge often instills!
BTC attention
Support 69,000/68,300/61,500
Pressure is tentatively set at 70,500
The points of 69,000 and 70,500 are both key points up and down, and breakthroughs and falls must be treated differently! Trading requires waiting for signals. What are signals? In fact, it is your trading basis. When something happens, how will you respond? This is based on your trading logic and your judgment of indicators, market changes, etc.!
Today is the Dragon Boat Festival for most Asians, so the market still needs more than half of its liquidity. Whether Europe and the United States will launch a surprise attack or not, we will have to wait and see during the European trading session in the afternoon. It is better to spend time with your family during the festival and let Europe and the United States fight each other!