6.12 Ideas
Yesterday we were all planning for Kongdan, and we reaped a lot of rewards. The lowest price of the big cake was 66,000, which was also the bottom of the hourly retracement we gave last week. After hitting the bottom, the market began to rebound. It is currently around 67,400. The hourly retracement has temporarily come to an end. Friends who hold spot must have firm confidence. The market is in a daily K-level rebound. It is normal to have a pullback. Don't be thrown off the bus easily. It will be difficult to get on the bus again. Keep a good attitude.
The market is currently suppressed by the EMA7 moving average. In the morning, it fluctuated around 67,000-67,500. There is still a probability of rising in the short term. For this round of rebound, we will temporarily look at the 68,500-69,000 range. There will be another hourly decline, and finally complete the bottoming near 66,000, and re-prepare to hit the new high of 73,777.
The overall operation is to sell high and buy low around the large range of 69,000-66,000.
Big cake 68000-68500 箜, target 67000-66500.
Auntie 3550-3580 箜, target 3500-3470.
The CPI data released in the evening, as well as the Fed's interest rate cut meeting in the early morning and Powell's speech will have a great impact on the market. Intraday operation design should be defensive to avoid extreme market conditions. #BTC☀ #ETH🔥🔥🔥🔥