Crypto Circle Academician: Will Bitcoin Welcome "Super Volatility" or "Infinite Possibilities" on June 10? Latest Market Analysis Reference

The current price of Bitcoin is 108200. It is now 1:30 AM Beijing time. 105200 went south and unfortunately stopped out after breaking the previous high of 106500. The practical record has also been updated for everyone to see. Acknowledging mistakes and correcting them, I don't fight against positions. After exiting, don't rush to re-enter, as it can easily lead to emotional trading. Every time I open a position, I ask myself whether it is emotion or rules that drive me to do so. If it’s emotion, I’d rather observe. Also, I don’t chase the market up or sell off in a panic; this is my most basic trading habit.

Currently, the daily K-line's highest is 108300, and the lowest is 105300. The daily K-line stands on the EMA15 trend support, pulling upwards to break the previous high of 106500 and re-opening the bullish trend. The MACD, originally about to end the top divergence, continues. The DIF and DEA failed to break through the 0 axis and started to shrink. The middle track of the Bollinger Bands at 106600 has been lost, and the K-line has stood above the middle track. Pay attention to the upper track resistance at 111300. I won't consider entering before Bitcoin stands above 110,000.

The four-hour K-line is stretching upwards, and the EMA trend indicator is alternating and expanding. The trend has just completed the alternation, and now it enters the expansion mode. The momentum to challenge the historical high has not yet appeared. The MACD is continuously releasing volume in a step-up mode. The K-line has broken the upper track of the Bollinger Band at 107600. It won’t be long before it enters an extreme overbought state, and it is expected to return to the Bollinger Band channel and consolidate. Don't trade in a small sideways box; wait for the trend to emerge before entering for the most stable approach.

Short-term reference: The market is not 100% certain, so always manage your stop-loss. Safety first; small losses with big gains are the goal.

The northern trial warehouse point is from 106000 to 105500, with a defense at 105000, stop-loss of 500 points, and a target of 107000 to 107500. If it breaks, look at 108000.

The southern reference point is from 109000 to 109500, with a defense at 110000, stop-loss of 500 points, and a target of 108000 to 107000. If it breaks, look at 106000.

Specific operations depend on real-time market data. For more information, you can consult the author. There may be delays in article publication, and suggestions are for reference only. Risks are borne by the reader. $BTC #BTC #BTC合约