Interest rate cut dates keep getting postponed, the bullish market may continue!
In the early hours of the 24th, Dong Wang announced a "ceasefire," and the price of cryptocurrencies quickly rebounded. Today's market continues the rebound trend from yesterday. The bearish trend from nearly 10 trading days may be completely erased today. During the sustained rebound, BTC's increase has once again returned to the broad fluctuation range from a week ago, and short-term trading opportunities have surged!
BTC's weekly chart is close to recovering lost ground, and the daily structure has returned to the consolidation box between May 18 and June 16, currently in a low position. The daily momentum indicators show a continuous weakening of bearish strength, trend indicators have shifted from bearish to bullish, and moving average prices have shifted from diverging downwards to converging. Various signs indicate that the broad range of 10,900 to 10,4300 will have great potential.
ETH, SOL, TRX, and others are closely following the rebound, and based on the height of the rebound on the 24th, they have surpassed BTC! Against the backdrop of the Federal Reserve continually postponing interest rate cuts, the next wave of leading gains may change hands, so tracking the gain structure and capturing quality signals has become the primary task in investing in derivatives at this time!
Traditional investment methods of going long on low and short on high will find it difficult to stabilize profits, including overbought and oversold indicators, trend indicators, momentum indicators, and price volatility indicators.
It’s better to enjoy together than to enjoy alone; you reach out actively, and I can pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT
