On June 5, Bitcoin quickly dropped from a high of 107,000 to 104,000, with consecutive daily losses; candlestick patterns like doji appeared frequently, indicating fierce competition between bulls and bears. However, the actions of the giants are shrouded in mystery: Musk suddenly criticized the congressional spending bill, and the 'technical cooperation' between Trump's team and ME Wallet caused Bitcoin to fluctuate by 30%. After clearing positions, whale Spoofy is still observing. Various signs suggest that the bottom may be forming.
Three key signals that rapidly heat up bottom-fishing expectations:
1. Policy Benefits: The Federal Reserve maintained the interest rate in June, but the market bets on a rate cut in September. Meanwhile, Trump's trillion-dollar tax cut plan is steadily advancing, expected to release over 30 trillion in liquidity, providing strong momentum for the crypto market.
2. Technical Bottoming: Ethereum has formed key support at $2,600, and once it breaks $2,750, it is expected to challenge the $3,000 mark. Goldman Sachs' model shows that the probability of altcoins catching up is over 70%.
3. Cycle Pattern: Historical data shows that June is usually a month of rise, and the current liquidity supports Bitcoin breaking 130,000 in June and July. Ethereum has recently led the rise, and various signs indicate that the altcoin season is about to begin. The 'Halloween Effect' in October will trigger the second wave of the annual bull market, and the low point in 2024 may become the best entry point in the next three years.
How do seasoned practitioners lay out their strategies?
1. Gradual Positioning: Build a small position in the range of 103,000 - 105,000, and if it drops below 95,000, cut losses in time; when rebounding to 110,000, reduce the position by 50%.
2. Track Selection: Prioritize AI, MEME, and Ethereum ecosystem projects, and stay away from trash coins like Trump Coin, which are riding on hot trends.
3. Hedging Tools: Allocate 30% in spot gold and 20% in U.S. Treasury ETFs to guard against extreme market conditions.
Wealth favors contrarians, but remember: don't go all in, don't use leverage, and don't trade contracts! Also, pay close attention to the non-farm data on June 7, as it may become a turning point for this round of market.
