BTC6.11 Highlights and Yesterday's Review

Currently, Bitcoin is fluctuating around 109,500. The short-term support is near 109,300. If the hourly line breaks the support, it is highly likely to reach around 108,500-108,600. If it goes further down, it could drop below 107,800. At present, it can make a short position for a thousand points and exit around 108,600. Do not add to the position; if it breaks above 110,000, directly set a stop-loss. This is against the trend, taking a pullback position, and the risk of adding to the position is too high.

In the range of 108,600-107,800, directly reverse to go long, if there is profit, for example, if it stabilizes at 1093, set a breakeven stop-loss and aim for above 110,000 to take a profit. Absolutely do not add to the short position, directly set a stop-loss.

ETH, from the current market view, is also likely to pull back down, currently at 2480, it could go down to around 2745 and during the day, it might see a maximum of 2660. If it goes lower, it will need news and funding support to crash. From a technical perspective, I can't see further in the short term. Still, it’s the same advice: pullback to go long, but ETH is too volatile, so do not trade with a heavy position.

Yesterday's Review

Yesterday, I still did not wait for the low around 107,800 and missed a profit of two thousand points. Also, ETH briefly broke 2850 but did not reach it. However, I called a short position at 2835, damn it, it still didn’t hit. Otherwise, I would have had profits to close this morning.

What’s wrong with me taking a bite from the ETH manipulators? It has already dropped from 2850 by 15 dollars to 2835, still a little short. Yesterday’s maximum increase AXL, I found it really a dog at the highest position 0.4799, and my short position was at 0.589, just a little off, and I feel like bleeding internally. Finally, I remind everyone not to add to positions against the trend; if you need to set a stop-loss, do so. #看懂K线 #加密圆桌讨论