June 14, 2025

The market has not further declined, which is good news since this round of correction. There have been no new actions from Iran for the time being, which is an important reason for the market's stabilization. However, I think this round of correction has been quite significant, and theoretically, there should be support. The probability of stabilizing at this position is relatively high, and if it stabilizes, there will definitely be a rebound later.

As long as the market's decline is caused by the impact of sudden events, once the events ferment, the market will rationally assess the subsequent impact of the events, which will repair the short-term market and gradually bring it back to its original track. It is clear that the core reason for this decline is the resistance level being blocked, but Israel has made the correction exaggerated, and the market should undergo some repair.

Additionally, we can see that the price of Bitcoin has returned to $105,000, and it hasn't even touched $100,000, so there's no need to worry too much. Next, let's watch the trend of Bitcoin; I think it needs to further oscillate, as the pressure level of $110,000 has come down, and more oscillation is beneficial for subsequent breakthroughs.

I noticed that Binance's alpha has started to change the rules. This hot topic that has been hard to build up shouldn't be easily lost, so Binance is trying every means to maintain it. I can only say that the sentiment for altcoin investment in this market is still quite poor. With the progress of Binance's alpha, the altcoin market will become more difficult, so buying coins should still focus on mainstream currencies.

Thank you for your attention and likes.