There has never been a sudden surge that was foreseen,
nor has there ever been a sudden drop that was known in advance.
All the so-called masters of perpetual profit and crypto gurus are almost all just playing catch-up; if they can analyze one or two points accurately, it is mostly luck combined with probability.
As a KOL, although my accuracy has improved recently, I often find myself being proven wrong. Do not blindly trust certain people; relying on others means you have already lost half.
Some people have been through many battles, stumbled countless times, yet still possess a sense of moral conscience. If you like them, follow them, and approve of them, then comparatively speaking, you are indeed fortunate.
On the other hand, there are those who speak without knowledge, lacking skills, and whose hearts are filled with malice; if you listen to them, you will find yourself in an irreversible predicament.
Market fluctuations are determined by the market; good and evil rely solely on one’s heart. Risks are ever-present, and gains and losses are weighed equally.
Recently, the situation has been unpredictable, with the China-U.S. trade war escalating once again. The East country is severely cracking down on rare earth smuggling, and Trump has directly thrown down the gauntlet, saying the East does not adhere to the rules of martial ethics. The U.S. controls finished products while the East country controls the raw materials and processes; neither side is willing to back down, and there’s no way to play.
Moreover, the Russia-Ukraine war may further escalate, with Russia suffering losses. If they don’t escalate the situation, how will they save face? In future ceasefire negotiations, how can they secure more benefits? For now, only fighting is ongoing. And it’s intense fighting. Do not hope for the war to stop.
Based on data from various sources, the probability of the Federal Reserve cutting interest rates in June is very low. Without liquidity, all upward movements are false breakouts; always be on guard against the risk of a bubble burst.
Currently, from the daily level perspective, there have been small fluctuations, and it is in a sideways consolidation phase. However, risks could emerge at any time. The MACD shows a death cross, indicating a trend of further correction. It is not advisable to enter the market now; continue to wait patiently. The upper resistance is at 109,000, while the lower support is around 100,000.
On an hourly level, there has been a recent decrease in volume followed by a correction. From the pattern, a sudden drop is unlikely for the time being. The MACD shows a golden cross, indicating a demand for short-term rebounds. One can go long at 104,000 with a stop loss near 103,000, or short at 106,500 with a stop loss near 107,500. Today, there should be a slight rebound, but it won’t be too high.
From the 3-day line perspective, the MACD shows a death cross, indicating a trend of correction in the middle cycle. Currently, the correction volume is insufficient, and there will be a period of oscillation. However, it is still not advisable to enter the market at this time; continue to wait patiently.
The wind blows over the wheat waves, and heroes always feel short-lived. The general situation changes, always at the tips of the branches. $BTC
