【$btc】2025.6.16
Yo! Is the price adjusted properly, and is it about to rise again? At least from the current perspective, it indeed seems to be rising further. Even if there are setbacks in between, they are merely small adjustments, presenting opportunities that come knocking at your door. However, be cautious, as this wave, even if it goes up, is likely just an opportunity to get out of high-position long orders; don’t fantasize about it shooting straight to the sky. Until the next interest rate cut is confirmed, there will still be significant drops and the possibility of large adjustments. And this time’s crash doesn’t count. So what exactly is considered a large adjustment? At least dropping below 100,000, around the 96,500 mark, is what I call a large adjustment.
I refer to this wave as a rebound rise. As for how far this wave can go? If it can stabilize at 107,000, we look towards 108,200. The extreme position is roughly around the 109,600 mark. The higher the position, the more cautious you need to be when going long; you must set stop-losses well and absolutely do not hold onto long positions stubbornly. If one day in the future there's another significant drop, and your long position is stuck, you will feel extremely uncomfortable, because at that time, it’s quite possible that the price will head toward the 96,500 mark. Of course, if you are willing to hold and have a large position, consider that I didn’t say anything. Anyway, if this wave can rise, I temporarily view it as a chance to get out of high-position long orders. It’s also a time-space node for the market manipulators to lure in more longs.
In the short term, the current pressure is at the 107,000 mark. So far, this pressure isn’t a big issue; it can be broken through and stabilized. However, around this pressure, small adjustments are possible, which is also a sign of market washing. The effective support below is mainly concentrated around 【105,700-105,900】. Does this mean that if the price comes here, one can look to go long? Yes.
And which position is most likely to encounter resistance and then start a small adjustment? 107,000. But don’t gamble; don’t foolishly go against the trend to short, and then just place orders without fear of getting caught in a market surge. Therefore, I want to emphasize that even if you want to short, it’s best to engage in right-side trading. At least the trend for these two days has been upward oscillation.