Monday, June 17, 2024!
✅️Yesterday's market review
The market is still in the range of correction and consolidation. The rebound of Bitcoin and Bitcoin is still very weak. Both have been fluctuating in the range!
BTC opened at 66228 yesterday, the highest price was 66998, the lowest price was 66034, and the closing price was 66676, with an increase of 0.68% and an amplitude of 1.46%; ETH opened at 3568, the highest price was 3653, the lowest price was 3541, and the closing price was 3624, with an increase of 1.56% and an amplitude of 3.16%. The intraday range fluctuations were relatively small!
✅️Today's market analysis
So far, the market has been adjusted for almost two and a half months. It is estimated that the market in late June will still be mainly adjusted. This round of consolidation cycle is a bit long, and there is no way but to accompany it slowly! Even in the current market, we still need to be confident in the future market, and Bitcoin will definitely break through.
In the new week, Brother Yu sees the market as mainly oscillating and rebounding. Let's see if there will be more positive factors to stimulate the market in the middle!
The big cake is currently around 66300, and the second cake is currently around 3600. Analysis of intraday range pressure and support
BTC intraday pressure 66600/67500/68300
Support 66000/65200/64500
ETH intraday pressure 3650/3700/3780
Support 3570/3500/3430
The short-term market is mainly low and long, and the current support level is still very strong!
✅️Spot sector analysis and recommendation
The current cottage spot market is very bleak. Many cottages have fallen to the price when they started last year. The liquidity of the secondary market is too poor. This round of bull market is very different from the previous ones. Now more funds are entering the primary market, airdrop interactive market, pledge market, etc. The volume of circulation in the market is small! The rebound of cottages requires the big cake and the second cake to determine the strong rebound period before there will be a general rise!
At present, in the spot market, almost everyone is trapped in the recent operations. There is a chance to get out of the trap. It takes your patience and time!
A month of decline may rise back in one or two days, and a month of rise may fall in one or two days. Brother Yu still firmly believes that there will be an outbreak period for cottages. At that time, you may need to be cautious. Hold all the currencies you currently hold! Next, pay more attention to the leaders of the sector, and then exit in time for secondary profits.
Yesterday, an Api3 recommended temporarily had a return of almost 10%, and the long order was exited!
Today's ❤️499 Tiantuan❤️ code
Ldo fell back to 2.05/2.07 spot, 1.9 good deal!
