June 10th Daytime Inventory Position Analysis:
Bitcoin Resistance Levels
110666, 111300, 111100
Bitcoin Support Levels
108000, 106800, 105200
Ethereum Resistance Levels
2728, 2766, 2788
Ethereum Support Levels
2628, 2595, 2566
Solana Resistance Levels
161.6, 164, 167
Solana Support Levels
156, 153, 150
Good afternoon, everyone! With this market surge, are you all feeling exhilarated? The bulls can finally hold their heads high, and today we can finally speak with confidence. Old Zhang has been repeatedly emphasizing the low long strategy during this period, my voice is nearly hoarse. I have previously analyzed that the increase in U's supply is usually a bullish signal. Shortly after yesterday afternoon's USDT supply increase, the market quickly surged, and the speed of this rally caught many friends holding short positions without stop-loss orders off guard. However, fortunately, from a weekly level perspective, the market's fluctuation range is roughly around ten thousand points, as long as one is not an overly aggressive speculator, the account is unlikely to face liquidation. If one were to be liquidated due to this fluctuation, it's time to seriously examine whether their position management is reasonable.
Qianshan would like to remind everyone to set stop-loss orders properly. A stop-loss is not merely a trading instruction; it is a key tool to cut off the spread of negative emotions and prevent cognitive biases from leading to uncontrolled decision-making. A reasonable stop-loss can allow us to brake in a timely manner when we misjudge, minimizing losses to the greatest extent.
After this significant surge, the market has reached the top area of the weekly consolidation zone. At this point, I do not recommend blindly chasing long positions. From the perspective of short-term minor trends, a pullback is expected. When the market pulls back to support levels, then consider establishing long positions. From the daily level analysis, as long as the pullback does not break below 1055, the bullish trend remains intact. $BTC