【Bitcoin trend analysis at dawn on June 25, 2024】
From the current analysis of the market, Bitcoin is in an awkward position, because this position has a long-short mindset. However, you can pay attention to these points of mine so that you won’t be so confused. The first position: 63341.9 and 64311. If these two positions cannot be broken through by rebound, the small level will continue to go short. However, from the perspective of the overall market cycle, the short position has already fallen for several waves. If you want to continue to place short orders, there are three options:
①: There is a big dealer who can smash the market and smash it directly.
②: There is a rebound that breaks through the previous high and then falls from above.
③: There is any special negative news to help the decline.
If there are no these two, the hope of going down is a bit slim. If there are no these three situations, we should wait for more. Tomorrow, I will give you the latest trend analysis as soon as possible.
(Warm reminder: Don’t do copycat products if you don’t understand the overall market)
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