BTC analysis on June 12:
The market this year is centered around the issue of interest rate cuts. The interest rate decision on Wednesday is likely to maintain high interest rates in June, and the interest rate cut may be postponed.
Before the interest rate cut narrative is successfully implemented, try to accumulate positions every time it plummets. This period from June to July is more likely to be a stage for institutions to absorb chips, and the market will fluctuate and fall for a period of time!
At this stage, I will provide you with an idea. If the interest rate meeting is postponed, then June will definitely be a negative decline, and the market may turn around in July, because the leverage will be almost cleared in June, and the positive will be slowly released from the end of July. At that time, it will also be an opportunity for the layout of the cottage. Referring to the last 56K, it basically fell back to the starting point.
It is currently on the large-scale early trend line. The decline of other cottage coins is more obvious. The market is likely to fluctuate widely up and down. There is no clear trend in the short term. The idea should be changed to high-altitude low-multiple operations with box-shaped fluctuations.
The trend shown in the following figure may also appear. The daily line fell to 62,000, forming a head and shoulders bottom pattern with the previous trend. This is also the worst plan at present. It can be used as a reference for layout!
