Overnight, BTC once again plummeted ⬇️


In the morning, the 🈳 continued to decline, and the low point broke through the 63000 mark. Most of the people who were bullish began to despair, and when they turned to bearish, most of the people in the market began to cut loss.
When the sentiment falls to the bottom, there may be an inexplicable dump like an overnight rapid sell-off. Currently, the pessimistic sentiment is spreading like a plague.
Actually, this may also be a good thing, as we all know, things will turn around when they reach the extreme.
Technological structure
The opening of the four-hour Bollinger Bands is downward, and the price has been extending downward along the lower track. With 63000 being broken, the strong support below is currently at 62400. It is unlikely that the short-term will directly break through this area.
And the daily Stochastic Oscillator has already entered the oversold zone, and it is expected that there is not much room for further decline. Intraday, it is better to long on the rebound.
Ethereum
The probability of ETF approval from early July to mid-month is high. Once it is listed for trading, new funds entering the market are expected to bring about a strong rebound.
BTC Ether, currently 62850/3410, first long to see the rebound, if 65500 is not broken, then wait!
BTC0,36%
ETH-0,74%
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5689739772vip
· 2024-06-24 03:44
Look at what you analyzed, 3 out of 5 analyses were wrong.
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5689739772vip
· 2024-06-24 01:33
You messed up the last order, I don't trust you anymore.
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