The current market is showing a continuous downward trend, with insufficient rebound momentum since hitting a low of 102664 on June 13. The overall performance is weak. The short order strategy at 105700 can still be maintained, and the market may continue to face pressure in the short term.
From a technical analysis perspective, it is not suitable at this stage to rush to find the market bottom. Investors should focus on the performance of the critical support level of 100,000, as this position is crucial for the future market direction.
The suggested trading strategy is to place short orders in the area above 105000, with target levels set at 101500 and lower around 98000. The market's weak pattern is difficult to change in the short term, and investors should maintain a cautious attitude and manage risks appropriately.
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OnChainDetective
· 06-16 18:25
It's too difficult to maintain a hundred thousand.
The current market is showing a continuous downward trend, with insufficient rebound momentum since hitting a low of 102664 on June 13. The overall performance is weak. The short order strategy at 105700 can still be maintained, and the market may continue to face pressure in the short term.
From a technical analysis perspective, it is not suitable at this stage to rush to find the market bottom. Investors should focus on the performance of the critical support level of 100,000, as this position is crucial for the future market direction.
The suggested trading strategy is to place short orders in the area above 105000, with target levels set at 101500 and lower around 98000. The market's weak pattern is difficult to change in the short term, and investors should maintain a cautious attitude and manage risks appropriately.