6.18 Morning Thoughts:

Currently, the market sentiment remains in a fluctuating downward (bearish) trend, but both BTC and ETH are approaching key daily support levels. Whether there will be a rebound is still unclear, and we may choose to observe from the sidelines.

The current signs are increasingly leaning towards a 3-wave adjustment, during which repeated ups and downs can easily deplete the principal. At this time, trading frequency should be reduced, and participation should wait until the market shows a clear trend.

Today's Focus:

The ETH daily line closing situation, observe whether the 2470 position can hold. This is the daily life support during the pullback, and as of yesterday, it has already pulled back 4 times, effectively reaching 2 times. The more times this pullback occurs, the more unfavorable it becomes.

Today, focus on observing BTC in the area of 1061k-1067k above, and watch the performance of the four-hour K-line at this position, noting the strength of the rebound.