June 20 Bitcoin Market Analysis Why can't you hold on to profitable orders and lose money? —— Trading is not about guessing the rise and fall by luck, but there must be a set of "rules": when to buy and when to sell, you have to follow the system, otherwise it's just blind operation! In the crypto market, most traders are obsessed with short-term games, but ignore the core logic of long-term profit. Trading is not a pile of technical indicators, but a comprehensive game of system, psychology and fund management. Bitcoin has been consolidating around 110,000 for 1 month, and it has failed to break through three times. It is very tired now! From different levels, it is about to fall. Since June 9, Bitcoin ETF has continued to flow in, but the price has been falling. This is very rare in the past historical trend, which once again confirms the weakness of the bulls, so the next idea is still to continue to be bearish. The same is true for Ethereum. It tested the bottom many times yesterday, but it did not completely break through. Every time it fell to the support, it immediately rebounded. However, the rebound strength was not very strong. If Ethereum continues to consolidate in the current range, there is still a risk of a downward breakout in the short term. In short, the overall liquidity of the current market is still low. In the current environment, if there is a rebound, it is recommended to consider reducing positions at highs. It is expected that the market may maintain a low trading volume in the next two months, and the band operation strategy is more suitable.
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