Good morning, afternoon and evening, everyone. Today is June 11, 2024.

Bitcoin's lower support level was still at 69,100-69,300 yesterday, but the upper pressure level was still at 70,000. It did not stand up. Bitcoin continued to fluctuate in this small range for a day. The price of Bitcoin did not change, but many altcoins fell. On Wednesday, the CPI federal funds rate was announced, and the FOMC and the interest rate cut schedule were announced. Will the dealer keep trading sideways before the news day on Wednesday?

Let's analyze the one-hour explosion chart of Bitcoin OBTI#庄家

As you can see, there are more people who open short positions than those who open long positions. When the market maker rises to 70,500, all the large short positions will be reported. The highest short position volume is 3.3M. When the market maker falls back to 69,000, all the large long positions will be reported. The highest long position volume is 2.5M

Then, let's take a look at the global liquidation chart of Bitcoin. It's awesome that we have finally waited for this day. The volume of those who open long positions has reached 6.3M. Their liquidation positions are mainly concentrated around 68,500. It's awesome. Do you need to prepare more margin for those who open long positions? Move your liquidation position to 52,000. The market maker You don't have any idea at all, right?

To summarize today's point of view, if Bitcoin is in a correction before Wednesday, the long army near 68,500 is very dangerous. If I were a dog dealer, I would definitely blow them up. The difficulty of opening orders in the past few weeks is very difficult for novice partners. In the next few months, before the US presidential election, it will definitely be super exciting. The market is weird and the situation changes suddenly. For newcomers, don't open orders frequently. Open an order occasionally at a key position, or lie flat when the spot is appropriate. Don't play yourself out before the surge. Well, today's content analysis ends here #美联储利率决策即将公布 #BTC走势预测 #非农就业人数高于预期 $BTC