Daily Market Analysis in the Crypto World (6.18)
Summary:
$BTC is about to crash, today's market analysis is very important, I've been warning about risks for a few days now, and now it feels like a celebration before the darkness. The market is currently leaning bearish, and since 103000 hasn't broken, and 100000 hasn't broken, many people are still not aware that a big drop is imminent. By the time you truly realize it, you will already be trapped. Today, a dead cat bounce from the oversold rebound might make you think it will skyrocket, but the market is likely to follow the white 4-hour line segment. It can be understood that we are currently in a bearish continuation pattern, and the endpoint of the daily line's downward adjustment must reach 93000-96000. The observation point for the last two days is at 103000. If the entity breaks, quickly run away; the next support level is 101000. This wave of daily line drop will definitely break 100000, so the recent strategy is mainly to short on rebounds. The upper pressure for the day is at 106000, 107500, and the lower support is at 103700, 101000. Additionally, just to chat a bit, regarding this year, I've reminded everyone several times about the major direction. The last time it dropped from 110000 to 74000, I warned for several days about a big drop at the high. Nobody believed it, and by the time you reacted, it was already too late. Later at 74000, I reminded everyone for several days to buy the dip. At that time, many people said the bear market had arrived, filled with negative emotions, and were afraid to buy. I remember that wave at 74000 very clearly; I said the rebound would reach at least 91000, and nobody believed it. Some commented: if it reaches 91000, then whatever, but the market rose without looking back. Whether you believe it or not, I am not here to cater to you; just being able to call it out is already a courtesy. As for whether you get trapped or not, it has nothing to do with me. I never make backhanded comments. In terms of predicting major directions, I have never yielded to anyone in the whole plaza. My past posts are all there; I never delete any post. If you don't believe it, you can go back to check the posts from around April 5th. Since that time, I have updated the plaza very rarely, almost fishing for three days and sunbathing for two days. I update whenever I feel like it. Up to now, at most, I make one market analysis a day. The reason is that when I need you, it’s like Fei Jie, and when I don't, it's like mink fur. Human nature is just like that. That's why I was planning to change accounts a while ago; whether I keep this account or not doesn't matter. Would it rise so quickly without quality content and direction? In half a year, I've gained almost 21k followers. After this round of bull market, we can see if I want to continue or not.