Time flies quickly, and in the blink of an eye, 4️⃣ weeks have passed, and there are only two days left in June. This month, Shipan has accumulated nearly 70,000 points, with a maximum of ①⑨ consecutive increases, but it didn’t reach the small 🎯 of 20 consecutive increases. Let’s see what next month holds. Overall, this month’s trading has been quite remarkable, with a large range of fluctuations, where the high and low points are perfectly parallel. The turning points are also just right; each time the turning point aligns quite well with the trend. During this period, the defense has also been just right: either it doesn’t break, or after breaking, there is a significant continuation. Overall, even when the direction changes, it can correspond to the trend. This has always been a top-level understanding focused solely on Bitcoin. But what’s past is past; the focus should still be on the subsequent trends. So those who haven’t performed well shouldn’t dwell on regrets, etc.; the market is always there, and so are we…
There are only two days left in the monthly closing, and the possibility of a positive close is still quite high. After a positive close, there will be three consecutive positives. Generally, after three consecutive positives, there is a pullback with one negative, but if this type of three consecutive positives does not break the high, then it is likely to continue with more positives. Therefore, the highest point was just under the pressure of last month's monthly Bollinger upper band, but after some sideways consolidation, the monthly Bollinger upper band has been continuously extending upward, which releases the space above. This provides continuity. This is also what was mentioned earlier; the large-scale moving averages still point to strength, so next month we can look for new highs. But we must also pay attention to market trends. Overall, no matter how it moves, it always revolves around support, resistance, trends, and fundamentals. Here, we don’t like to look too far ahead; the trend is alive, and one cannot be rigid. Adjustments must still be made. The multiple turning points before are good examples, and adjusting according to market trends often does not yield good results.