Accurate market analysis 6.24
Good morning, brothers. On Saturday and Sunday,
Binance spot BTC trading volume was only 1/4 of that on weekdays, and the trading volume fell sharply.
On the one hand, it can be understood as insufficient liquidity and weak rebound.
On the other hand, it can also be understood as a decline with no volume, and it is about to end.
According to the on-chain data,
the current stablecoin has fallen to the value on May 14.
Around May 14, the BTC price was also $63,000.
More than 5 Fed officials spoke this week
On Thursday, Biden and Trump held their first televised debate
On Friday, PCE data was released
After falling for half a month,
ETF funds have been net outflows for 8 consecutive days.
At present, there are three words: patience, waiting, and ruthlessness.
The next support level is $61,500, and you can add positions when it reaches it.