【2024.6.18 BTC/ETH intraday market analysis】
Coin circle 6.18, big cake discount, mountain alt 50% discount, brothers holding mountain alt are feeling the blockchain scam. The deduction a few days ago told everyone that brothers holding mountain alts should not panic, mountain alts will continue to fall, enjoy the pleasure brought by mountain alt halving, after all, this kind of pleasure only happens once every 4 years, and the opportunity will never come again!
In each round of bull market, the new leeks entering the circle are enlarged by the mountain alts that have skyrocketed in some new sectors. The pattern and desire are expanded. They think that the price of mountain alts is rising fast, and the price of big cake ether is high and unmovable, so they are full of heavy positions in mountain alts. If they don’t make a little profit, they always want to multiply five or ten times, and regret it in the end!
The only way for newcomers is to start with losing money in mountain alts, and I am the same. This is the third bull market I have experienced. In the previous waves, I have the same experience as everyone now. So in this round of bull market, I have been earnestly telling everyone to buy big cakes and stay away from mountain alts since last year’s tweet
Choice is more important than effort. In the financial industry, the first thing to consider is the principal, and then the pursuit of profit. Only when the assets grow steadily can there be sustainability!
Today's market analysis:
$BTC broke through the weekly support in the morning and rebounded quickly. The lowest point in the morning was around the second support level of 64640 given by me in the early morning. Brothers who got this rebound should make a moving stop loss by themselves.
Today, the rebound pressure level/target of the big cake should pay attention to the upper 65870-66160-66950 positions. The 4-hour closing line will only rebound strongly if it stands above 66150!
If the rebound does not go up today, pay attention to the lower support level of 65060-64600-64050.#BTC走势预测
$ETH accurately inserted to the third support level of 3363 given by me in the early morning in the morning. It is no problem to pick everyone up at this position. Brothers who get on the car should make a moving stop loss by themselves.
Today, the Ethereum rebound pressure level/target should be around 3475-3495-3538. The rebound strength will be strong only if it stands above 3538 in the 4-hour closing!
If the rebound fails today, the support level below should be around 3401-3363-3276! #ETH🔥🔥🔥🔥
