Crypto market analysis 6.20 From the steam age to electronic information, from CPU to GPU, from gold to Bitcoin, the iteration officially begins

HODL15Capital statistics show that there are at least 40 billionaires in the world holding Bitcoin (BTC), and countries are slowly reserving Bitcoin assets for future trade. Bitcoin is digital gold

Nvidia's market value exceeds Apple, and AI services imply that mobile phones will replace mobile phones in the future. The mobile phone market is about 500 billion US dollars, and the future AI market is expected to exceed the trillion market value. The future holographic projection presentation brain-computer may also appear. The current AI track is completely in its early stages.

In the short term, some whales are still betting on the liquidation price near 60,000. It is expected that the end of the month will be the real betting cycle. From a technical point of view, there is still a chance to go to the extreme betting bottom range near 58,000 this month or next month. The time is long enough to buy goods slowly. In the short term, the weekly bottom near 63,800 is the key support.

Daily level market

- ​​Daily level short-term rebound, still in a downward trend, upper pressure around 66000, support around 64500, large-level bottom around 63800.

4-hour level market

4-hour level short-term rebound, temporarily still in a bearish trend, upper pressure around 66000, extreme focus around 66500, lower support around 64500, slowly raising the bottom.

Intraday level analysis

-----Intraday market has signs of rebound in the short term, slowly some tokens will begin to show some willingness to buy the bottom, but the large-level bottom has not ended, in the short term can be gamed reversal, long-term trend is inevitable, can only wait for the bottom to be reached before making a decision again.

The bottom of the intraday market has temporarily appeared, you can try to play long orders in the short term, and look at the upper 66500 and 66000 to the lower support around 64500.

Ethereum is still in a large-scale downward trend, but the small-scale trend is strong, with the bottom around 3500 and the upper pressure around 3580. The breakthrough continues to look upward to repair the position around 3600. The rebound in the short term does not mean a reversal, and we still need to wait in the long term.

In the past two days, ETFs are still in the outflow market, and most funds are still hovering in the AI ​​track. The decline is not expected to stop in the short term, and we can wait for the hot spots of funds to come back.

Just ride out this difficult time in crypto history and stay calm.