June 19, 2024 Daily Report
I. Market Analysis:
Big Cake:
It is still in a downward trend in 4 hours, and the strong support of 65,000 has been tested many times. If the daily level falls below the 64,000-65,000 range, it will no longer be recovered. The M-shaped top pattern is confirmed, and it is expected to go down to 60,000! If it is strongly recovered and stands at 67,000, it can form a turning point and complete this round of decline!
Auntie:
4-hour situation: The divergence of funds turns to consensus, and the long and short volumes are evenly matched. It is expected to rebound in the short term.
Risk Control: BTC: 64,000 ETH: 3,400 (key points to choose the direction)
II. The dynamics of the altcoin:
Big Cake shook, and the altcoins fell into the pit in an all-round way, and none of them were spared. It is not suitable for new positions. There are signs in the market and then prompt!
Positive aspects: None
Stop loss point: None
All trading orders must have stop loss!
Please note that the above analysis is for reference only and is not used as a trading decision