❤ June 17th Kunpeng Market Analysis: Already seeing through the main players' tricks, don’t chase highs or cut losses during the volatile period!

In yesterday's analysis, I mentioned that if the market pulls back above 106000 and successfully retests, it can confirm that a downward movement on the four-hour chart has completed. Currently, we are still maintaining a large volatile range on the four-hour chart. Yesterday, Bitcoin strongly surged to the resistance level of 108000, but this morning, we saw a small-scale rapid decline, with price fluctuations being lively. At this moment, we should ignore the short-term sliding door movements and look at the daily chart where the structural pattern remains strong, so there’s no need to worry about the spot market.

This type of movement is actually not surprising—friends who have been following the morning reviews should remember that as early as the 6th, the teacher made predictions about the market using the Book of Changes (look closely at the chart). Since then, I have also repeatedly analyzed the market structure from different time frame perspectives (including yesterday). Here’s the key point: if you chase highs and cut losses in such a large volatile market, you are just giving money to the market makers.

What you can do is to control your position well and patiently wait! This is also an excellent opportunity to train your trading mindset and position management.

PS: Tomorrow night, the interest rate meeting in the early morning of the 19th will lead to greater fluctuations in the market. Do you think it will go up or down? Share your thoughts in the comments!