6.20 Evening Summary of Bitcoin
In the cryptocurrency market, there are no perpetual tailwinds; declines are tests, while increases are rewards. It's essential to maintain a steady mindset and adhere to your strategy. Today's market opened low and moved high, with a midday pullback to around 104100, followed by a sharp price increase of 2000 points. With years of practical experience, Xiao Jin accurately predicted key turning points and decisively positioned for long trades. After two rounds of operations, Bitcoin gained a total of 2108 points, while Ethereum secured a steady 70 points, demonstrating what precise targeting means.
Currently, in the one-hour chart, although the cryptocurrency price shows a linear downward trend, falling directly from 106313 to the current 104355, this 2000-point drop seems fierce. However, looking through the surface reveals the essence: the overall upward momentum of the market is still present, and the decline appears to be a brief adjustment before a buildup of strength. It is recommended to continue positioning for long trades tonight, seizing opportunities along the potential upward trend.
Bitcoin 104100-103800 for long, target 106000
Ethereum 22460-2480 for long, target 2560
