Tracking real-time hotspots in the cryptocurrency market and seizing the best trading opportunities, today is Saturday, June 7, 2025, I am Wang Yibo! Good evening, fellow coin enthusiasts ☀️ Die-hard fans check in 👍 Like to make big money 🍗🍗🌹🌹
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Last night, the Bitcoin price surged to around 105,268 but faced resistance, and throughout the night, it showed a downward trend, with the morning price dropping to a low of 103,822 before rebounding. Currently, the Bitcoin price has warmed up to around 105,200. Looking at the overall market, since the end of May, after a short-term downward exploration, Bitcoin attempted to break the 100,000 mark but failed, leading to a rebound, and the market has been caught in a wide range of fluctuations. We emphasized yesterday that the daily line would compete around the upper shadow line, and the continued strength of the bulls reflects this; after a bullish daily close, it still faced strong resistance from the middle track. Until it breaks through the middle track, the bears still dominate at low levels, but the bulls' counterattack has alleviated the contraction trend of the BOLL bands. On the four-hour line, after a downward exploration, the consecutive bearish candles have turned into consecutive bullish candles, but it has not yet recovered the previous decline. As the BOLL bands contract, they are now turning outward, and the range of fluctuations has expanded accordingly. The continued strength of the bulls is very evident, and there is still room above in the short term. On Saturday, we can maintain a high sell-low buy strategy within the range, paying attention to whether the rebound can break through the previous high, and if it breaks, we look for continuation.
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Ethereum surged to around 2,529 last night but faced resistance, and in the morning, it retraced to a low of 2,455 before stopping. Currently, the price has seen a slight rebound to around 2,500. The weekend market mostly operates around range fluctuations as the main rhythm. From the hourly level, Bitcoin's market is in a high range with slight fluctuations, distributed within the upper band of the Bollinger Bands, and the three tracks of the Bollinger Bands are gradually forming a closing trend, which indicates that a major market movement is about to come, currently in a phase of accumulation and energy buildup. For this situation, we adopt a high sell-low buy strategy for positioning.
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If you are feeling lost—don’t understand the technology, can’t read the charts, don’t know when to enter the market, don’t know how to set stop losses, don’t understand take profits, randomly increase positions, get stuck while trying to catch the bottom, can’t hold onto profits, miss market opportunities… these are common problems for retail investors. But don’t worry, I can help you establish the correct trading mindset. A single profit is worth a thousand words; repeated failures are not as good as finding the right direction. Instead of frequent operations, it’s better to strike accurately, making each trade more valuable. If you need real-time guidance, you can scan the QR code at the bottom of the article to follow my public account. The market changes rapidly, and due to the timeliness of reviews, subsequent trends will be based on real-time layouts. I look forward to moving steadily forward in the market with you.
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