Analysis of Big Cake on June 17th at Midnight

The Big Cake fluctuated upward, reaching 108,000. Currently, the risk of chasing highs is quite large, and the 4-hour KDJ has entered the overbought zone, compounded by the ongoing escalation of geopolitical conflicts between Israel and Palestine, increasing the probability of a pullback.

It is recommended to take a light position to layout short orders at the current price, targeting around 106,500.

Be mindful of controlling position risk. #Metaplanet增持比特币 #BTC走势分析 #BTC