🌞🌞🌞6.3 Market Analysis！！！
Good afternoon, brothers!
The current market is showing strong rebound momentum, and market activity has significantly increased. In such an upward trend, going short against the trend is undoubtedly unwise. The key to successful trading lies in following the trend, being flexible, accurately capturing market dynamics, and timely adjusting strategies. This is essential for survival and profit in a volatile market.
From a technical analysis perspective, although the price has not yet formed a sharp one-sided upward trend, it is worth noting that after multiple previous dips, the market has been able to rebound quickly and return to an upward channel. This trend suggests that subtle changes are occurring in the market, and it is highly likely that the market will shift from a downward trend to a range consolidation.
This is precisely the core reason why it is not advisable to short again at this stage. The bullish strength is continuously accumulating in repeated fluctuations. Although a strong pattern has not yet been fully established, blindly betting on a decline at this time lacks strong justification. Although the critical downward trend line has not been effectively broken, the extent of the current rebound has been sufficient to break the previous sluggish situation, and market sentiment is clearly warming up.
Based on the above analysis, today's trading strategy suggested by K is to focus on buying on dips:
#大饼 can focus on the 105,500 - 105,000 range, looking for suitable entry opportunities near this support level to go long, with a target price around 108,000.
#以太 suggests looking for entry opportunities in the 2620 - 2600 range, where there is strong value support, with a temporary target price set at 2700.
The cryptocurrency market is changing rapidly, and we will continue to closely monitor market dynamics to capture new trading opportunities in a timely manner. Feel free to like, comment, and join us in seizing the opportunities of the bull market and gaining the upper hand in the market!
