【2024-6-16 Bitcoin Market Trend Analysis】
Currently, the market is in a volatile area. This volatile area: 66428-65996.4. Try not to open orders. It is difficult to do long and short. This volatility is really downward. You can pay attention to the following points. If the market breaks below: 65249.8, you can wait for short orders. Breaking this position is a big short. If the market reaches 66428, you have to look at long orders. However, from the trend analysis, it is likely to be short. It’s just that this wave of shorts needs a long period of volatility to wear out because it has fallen 4-5 times before. So it is recommended to hold your hands and wait for this wave of market to come out first.
Warm reminder: When doing small varieties, you need to pay attention to the trend of the market and the market of the market (try not to do altcoins if you don’t understand the market)
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