2025.6.24 9:33 AM BTC/ETH Market Analysis
On this night, 3.5 billion CNY turned to ashes, 123957 people went bankrupt to zero. On this night, Iran bombed U.S. bases in Syria and Qatar, while Trump wanted to escalate the conflict. Who knew this guy suddenly started singing that it's time for Iran to promote peace in the Middle East. This rhetoric is indeed very typical of Trump. The market then retaliated fiercely, reclaiming lost ground, especially BTC, which made a significant recovery!
On Sunday, I told everyone to boldly squat low and long. Last night, I insisted that your Sunday position must have a base position, not to set profit-taking and hold on. There was an opportunity for aggressive positions last night, but the order point was off by 30 dollars and didn't hit! Fortunately, I had a little position during this wave of market, not to say too much, but in such a rapid market of soaring and plummeting over 4 days, my strategy did not lead to liquidation, and the instances of profit-taking were far greater than that of stop-loss. The final result is that we survived and even made a bit of small expenses. Many people can't afford this, but little do they know that the market has already seen over 13 billion CNY+ and more than 600,000+ in liquidations these past few days, so you know the value of my strategy!
BTC Attention
Support at 100300/97669/93246
Pressure temporarily set at 109500
The key points at this moment are 107507/106132/104757/103055-103366. The reason for these points is that there is demand for fluctuations at these levels, which are all fluctuation support and resistance levels from the past half month!
ETH Attention
Support at 2215/2153/2094
Pressure temporarily set at 2542/2585/2627
At this moment, the key points 2466/2343/2285 are consistent with Bitcoin. These levels can rise and fall with such recklessness, which only proves that these areas have been thoroughly washed by the manipulators and are completely dominated by them. The densely traded areas have been washed to a high concentration of chips, and the market can be activated at the will of the main force!
In terms of operations: Today, the first opportunity is to observe Europe's reaction to the latest ceasefire between Israel and Iran. Will it continue to soar or will North America go back on its word in the evening? The market is making a decision, and it's all worth observing. The market has been completely dominated by the attitudes of the Middle East and North America for the past three to five days, which is not a good signal! After restoring calm, the market will return to indicator demand, and we can operate based on the indicators!
Remember, batching is key, position size is paramount. You must learn from mistakes and not mess around recklessly!