​​​​​​​​​​Director’s 1103rd original daily market analysis 2023.6.11

1. Market sentiment:

​​2. Chart structure:

1、#BTC

#BTC 1H structure:

​       These two days, people said that this is the third sell, but I didn’t expect it to fall back to the previous low at once. However, it didn’t fall below the previous low overall, but was near the previous low. So the performance is still good. It depends on whether it can pull back to the pressure of 26,500 in the future.         If it can’t be pulled back, it will continue to fluctuate downward. The overall market is still quite difficult, plus the CPI to be released next week. However, if it has already fallen in advance, it is expected that as long as the CPI does not rebound next week, the market will probably move upward.

#BTC 15F structure:

​       It can be clearly seen that the second 15F rebound is currently running. It depends on whether the strength of this 15F rebound can reach above 26200.

Otherwise, there will be three sells of 15F, and then the third 15F decline, so the overall structural trend still has the opportunity to continue to go around 25000. Patiently waiting for the right opportunity may be better.

2、#ETH

#ETH 1H structure:

​        The trend of Auntie is even weaker, and it directly fell below the previous low.

​        Sure enough, when the market reaches this stage, big cake is the most valuable. It is recommended not to participate in Yitai in the short term. It is still safer to invest in big cake.

​          Wait patiently for the decline after the third sell to end, and wait for a small structure to have a 1H upward rebound.

​ ​ Tips

Investing is risky. Invest with spare money. Remember to never fully invest and do not take out loans. We only provide information, which does not constitute buying or selling advice. You are free to buy and sell at your own risk.