$BTC Israel attacks Iran, in a short period, the war impacts market panic selling, the dollar and gold surge. Drops caused by war-related information like this will be recovered one by one, and the speed will be very fast.
From the market's support at the 6-hour EMA double track and the daily Bollinger Bands lower track, it can be seen that the market has oscillated in the 100,000-110,000 range again, and the next market is bound to quickly move upwards. However, this kind of market, and today June 13, can easily be linked to the June 19 Federal Reserve interest rate decision.
I am not worried about the upcoming rise; I am concerned that if the June 19 Federal Reserve interest rate decision announces a rate cut, capital will first use enticing methods (spike) to quickly dump and cut the retail investors before entering a bull market. This will be another tragedy in the cryptocurrency circle. If there is no rate cut, the market will be more ordinary, making it easier to grasp.
I hope that in the past few days, everyone trades cautiously. If conditions allow, sleep during the day and stay up late at night; recently, the market has appeared between 3-9 AM, especially concentrated between 5-8 AM. The passive issue of time difference has always existed for us, but it hasn’t exploded; everyone should arrange it reasonably.
