BTC/Analysis on the evening of June 24
Following the trend means to trade according to the direction of the market, and not to go against it.
Buy on dips and sell on highs; when a trend is forming, we buy on dips and must not sell against the trend.
Looking at the four-hour market performance, Bitcoin's recent price has been fluctuating in the range of 104000/15000, forming a downward channel with clear selling pressure. The four-hour MACD technical indicators show a downward trend, with the DIF and DEA indicating a strong downward momentum. The RSI on the four-hour cycle is currently in the oversold area, and the trend indicator EMA shows significant upward resistance, further confirming the impending bearish trend.
Specific market trends should be based on actual trading! Yesterday's real trading was a perfect win.
Trading in the crypto world is a long-term plan; it is not about immediate gains, so one should not be overly eager. Even if there are losses in the short term, there is nothing to fear. As long as the subsequent direction is chosen correctly, what was lost will eventually return.
Bitcoin around 106000, Stop Loss: 107000, Target 104500, Second Target 102500#加密市场反弹
