In this garbage time, give everyone a little faith. Market analysis on June 13

The market has been very anxious recently for both bulls and bears. The 20%+ plunge of altcoins last weekend made those who were bullish very miserable; and having already fallen so much, short-sellers are worried that something will happen at any time.

From a technical perspective, BTC still has not fallen below the previous low, forming a daily-level falling wedge. And there is a strong horizontal support and rising trend line below the wedge. This structure has also been drawn in previous sharings. At present, the upward trend line (dashed line) of this round of market has risen to around 25,000. And FEB has not fallen below 0.5.

To sum up, the 25500-25000 range (red box) has strong technical support, so now we should consider how to buy, not how to short, and just boldly buy Bitcoin in separate positions. If it does not effectively fall below the 25,000 range, I think there is still a chance to rebound.

The above views and suggestions are limited to #BTC