BTC daily level, since entering June, every Monday has closed with a large upward candle, especially in the last three Mondays.
On June 9th from 1052 to 1106
On June 16th from 1049 to 1089
On June 23rd from 995 to 1060
It is obvious on the chart that after a big rise, there has been no continuation of strength, but rather a weakening, combined with news accelerating a wave of downward movement, thus conducting a deep washout, clearing out high-leverage liquidity.
So today we need to observe whether the strong rhythm can continue after the big rise; this is very critical.
But will history continue to repeat itself? After a big rise on Monday, will there suddenly be a wave of downward movement to continue the washout? This possibility cannot be ruled out.
As I mentioned in the live broadcast, there is a high probability that June and July will undergo a wide-range oscillation. At this stage, it is not particularly clear, until the tariff issue and interest rate cut issue are finalized, at the end of the year there may really be a big market opportunity; that is the real opportunity, and seizing it may turn things around, or one may just lie flat.