6.20 Macroeconomic Market Analysis

Good morning, brothers! The market is bad! Many friends say the volatility is too small, and even 20x contracts are not making money. Some brothers privately asked if a crash is coming?

Here’s the situation: The entire world's financial markets are holding their breath, watching if the US is going to take action against Iran. If they do, and the conflict escalates, there will be another drop.

Therefore, until the US makes a statement (whether they attack or not), the market will not have significant fluctuations and is leaning bearish. The whales also want to take advantage of the recent final wave of bad news to completely wash out positions! For example, they might push the BTC price below 100,000, and then seize the opportunity to accumulate.

Currently, BTC is continuously flowing out of exchanges, while ETF funds keep buying in (yesterday saw an influx of 300 million USD). Bitcoin trading volume has fallen to an 18-month low, indicating that selling pressure is waning. The market has reached a critical point and is about to undergo a change! Most likely, it will be upwards, but there may still be one more drop. On one hand, the US is very troublesome, constantly making moves that negatively impact the crypto space; on the other hand, the US is also a good guy because its policies are favorable for the crypto space. Additionally, they are cooperating with the whales to wash out positions in preparation for a subsequent price surge, and they have given us a long time to dollar-cost average into BTC. Recently, holding BTC is the main strategy to get through this period of harsh conflict. After the Iran issue is resolved, BTC is likely to break new highs. Those holding spot can endure until dawn. Small funds can trade contracts!

This analysis is for friendly reference only; adults must take responsibility for their own decisions.

Investing has risks, please invest spare money and think independently!