Thursday market analysis

From the current daily technical level analysis, the market trend is obviously weak. Since the double top suppression, the market has continued to slide on a weak track. In the K-line trend, the negative line is dominant, which forms a continuous offensive of the shorts, and the moving average indicator also shows a downward trend. Further observation of the 4-hour chart, the downward trend is clear at a glance, and no reversal signal has appeared in the short-term fluctuations. Based on the above analysis, the trading strategy recommendation for June 20: Big cake can consider shorting near the 65500-65800 range, with a target of 64000. Trading should be cautious, and market fluctuations should be paid attention to in real time.

The current cottage market seems to be caught in an overly pessimistic mood, resulting in a serious lack of market liquidity. However, it must be recognized that once the market sentiment stabilizes

Many cottage coins will still rebound quickly. Don't blindly think that cottages will continue to fall. After all, there is no shortage of funds in the market, especially in the field of encryption. At present, what the market really lacks is confidence and expectations of a loose environment.

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