6.22 Afternoon Thoughts
The major cryptocurrency stopped its decline at 10789 and has not continued the bearish trend. The Israel-Iran war has also had some impact on cryptocurrency prices. Additionally, Iran has now begun targeted missile strikes against Israel, and news in this regard may make cryptocurrency prices start to become more unstable.
However, it seems that the downward trend has halted, and now it depends on the strength of the rebound.
The afternoon strategy focuses on taking low long positions. The key level for the bulls is around the 103500 point.
Trading strategy:
Major cryptocurrency: Buy at 102000, with a short-term target of 103500.
Secondary cryptocurrency: Buy at 2250, with a short-term target of 2400.