Today's morning market analysis (2023/06/10)

Last night, I bought a short position at 26750 and took profit at 26300. I just hit the take profit position accurately.

In the early morning, the price of Bitcoin finally showed a clear trend after two days of sideways trading. The bottom support of 26370 was strong and multiple downward breakthroughs were invalid.

So far, the spot trading volume of 120 million is double yesterday's trading volume. Today's contract trading volume of 1.7 billion is 500 million higher than yesterday. From the data, the obvious downward trend of the spot market has been activated. The contract market is growing normally, and the shock is annoying, which is what no one wants to see.

Today's trend: fluctuating downward, with a small rebound, and a rebound of 300 points. The weekend should be the time when trading volume is the lowest, but under the circumstances of the ultra-low volatility downward this week, it is not ruled out that the market sentiment is activated by the controlled market and a certain rebound effect is achieved.

Trading strategy: Look for a small rebound and float 300 points (higher risk) and take short positions at high positions (conservative and stable). Investment is risky, so be cautious when entering the circle. The relevant strategy has been published for payment application, please check it!