2024/06/11

Analysis of Yan Ge’s vernacular:

On the BTC sky chart, the market's sharp decline has caused panic among many people. Here is my opinion.

In terms of traditional analysis, breaking through the trend line seems to be just a recovery stage, which is still within the expected range.

In terms of SMC, it has fallen below the sky chart OB. The next step is to switch to the extreme time zone and wait for MSB. If the price is rejected, you can enter multiple orders, but tomorrow’s CPI, I don’t know if Lao Bao will cause trouble. You can wait for the results to be announced tomorrow night.

Don't chase the short position first, be careful of being closed, and you can cover your position with spot stocks.

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⚠️Personal opinions do not constitute investment