Crypto market analysis 6.19 Crypto trough appears, the duration and position are unknown, please continue to invest

Nvidia has become the world's highest market value stock, Nvidia rose more than 3% during the day, with a total market value of 3.33 trillion US dollars, surpassing Microsoft and Apple to become the world's highest market value stock.

With the launch of the AI ​​craze, this fierce wave has not yet ended, but the last surge under the wave is about to end. After calming down, the funds in the market will flow into other tracks again. At this time, encryption will officially start. Now encryption is undervalued, extremely undervalued.

Bitcoin will usher in large-scale adoption, mainly thanks to Bitcoin ETF, which will provide convenient Bitcoin access to the global banking population and is expected to enable institutions to include Bitcoin in their balance sheets. In the future, Bitcoin will also become a key battleground for strategic material reserves. Now Bitcoin is close to the cost of mining and the cost of ETFs. It is temporarily in a value trough and will wait for the market to recover.

By the way, a piece of news, the interest paid by the US federal government is too high and has exceeded military expenditures, so how long can it last?

Daily level market

- ​​Daily level short-term rebound, still in a downward trend, upper pressure around 66000, support around 65000, large-level bottom around 63800.

4-hour level market

4-hour level short-term rebound, temporarily still in the airdrop trend, upper pressure around 66000, extreme focus around 66500, lower support around 63800.

Intraday level analysis

-----Intraday market yesterday's short orders were a bit beyond expectations, this morning there will be some rebounds in the cottage, but Bitcoin still has to focus on the large-level pressure of 66000, the intraday hourly line slowly repairs the market, you can play long orders in the short term, the large cycle has not completely bottomed out, but the oversold rebound is reasonable.

Yesterday's ETF inflow was too large, today there will be a certain amount of re-inflow to repair part of the market, but the repair market is likely to appear in the evening, still a large-level decline, and a small-level oversold rebound, spot depression can be bought slowly.

Just get through this difficult moment in the history of encryption, and be calm in the face of things.#美联储何时降息？ #BTC走势分析