Insights on the Bitcoin evening market on Monday, June 24,

The market situation is complex and changeable. If you insist on your initial views and ignore new information and market dynamics, you may make wrong decisions and lose money.

The market at the beginning of the week always brings surprises. The market once again gave more than 3,000 points of falling space, which is really a shock and an end for some people! The market has been bearish all the way during the day, and it has also fallen all the way. The current low has dropped to 60,500. The intraday short orders have also closed into a three-thousand-point falling space. Since the beginning of the month, we have been bearish all the way to this point, and the market has also been very cooperative. The goals given have been achieved, and the short-term trend is still weak, so you can continue to keep a bearish mindset in operation!

As the short positions on the daily structure continue to increase, the lows are constantly being refreshed. If the rhythm is bearish, it is necessary to participate in the trend. After all, there has been no effective rebound for a long time, and it is mainly based on retracement, supplemented by rebound correction. Therefore, in this extremely weak market, continue to maintain a bearish mindset. Rebound is short, no need to hesitate, and don't guess the bottom. There is no bottom at present.

On Monday night, it is recommended to short the big cake at 61300-61500, and the target is 60000-59000.

On Monday night, it is recommended to short Ethereum near 3320-3340, and the target is 3250-3200.

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