Daily Market Analysis in the Crypto Space (6.21)

Summary:

$BTC Recently, all long positions are short-term actions. The daily decline of Bitcoin has not ended. The level of 106100 mentioned a couple of days ago has been reached. Currently, it can be confirmed that 106500 is a three-sell signal on the 4-hour chart. This three-sell will accelerate the decline and strengthen the downward momentum, which was also mentioned a few days ago. Before this three-sell is concluded, do not easily catch falling knives with long positions. Recently, attention needs to be paid to the price behavior in the range of 101400-100400. Once 100400 is lost, the endpoint of the daily decline adjustment will be the range of 93000-96000 that has been mentioned multiple times. After yesterday's over-decline, the current short-term 30 minutes is just the third rebound within the 4-hour decline. After the adjustment, the final wave of the major bull market will arrive.