New Yakesh Chuan: Bitcoin Market Forecast after June 12

CN
2 hours ago

Good afternoon, everyone. I am Xinya. In the past two days, Xinya has not been as proactive in raiding as before, but I believe that for retail investors, it is more important to learn how to cut the market, turning passiveness into proactiveness, and to deduce and withdraw processes.

The sniper at 63200, the pullback at 62200, and the pressure at 63800 have all happened as expected. Whether the market trend operates as planned is something you all have a scale in your hearts. But this only alleviates our previous passive involvement in short positions being too early. Sometimes Xinya is passive too, let alone you? You should have a respectful mindset towards the market, and recently, a very simple review shows just a brief overview. I hope you can think and consolidate on your own, and become like me sooner. Otherwise, in a passive market, you will always be on the receiving end.

If you look back at the previous text, you should remember that on June 10, I provided three possible scenarios for the market. Undoubtedly, the market has developed into the third scenario, fighting for the center and undergoing large-range fluctuations. The three structural points are highly consistent, and at 8 PM on the 11th, I provided the corresponding future market analysis, which the market operated accordingly. So, in unclear situations, find suitable possibilities and analyze the corresponding future market. Understanding the former allows adjustments using several possible consensuses; understanding the latter means you have the script to manage the future market. Unfortunately, the former is difficult for a large portion of people, and the latter is like extracting gold from sand. It requires long-term accumulation and consolidation to develop market sensitivity.

Last night, the night market was affected by geopolitical situations and Trump's statements. Around one o'clock, Bitcoin bought at 62500 broke 63800 briefly and reached a high of 63933. After a midday high fluctuation, it stepped back to 62800 and rebounded. The hour MACD, at 8 AM on June 11 and 1 AM on June 12, showed a shift in volume, indicating that the market would rebound, hinting at potential manipulation of indicators.

There is a divergence in the mainstream views about whether the market will form a double bottom structure or an M-top structure. I believe the market will not go either way but instead undergo a four-hour fluctuation, consolidating within the 61200-64800 range to digest these two divergences. Currently, the Bitcoin four-hour EMA 120 and 144 are around 68000, while the one-hour EMA 120 and 144 are at 62800 and 63000 respectively. The former indicates the outcome of a four-hour rebound and is the expected target for bulls.

As for Ethereum on the night of the 11th, it first broke through 1680 with significant volume, reaching a high of 1693, then pulled back to shape up at 1652, with three consecutive hourly candles rising and currently running at around 1680. The one-hour EMA 120 is at 1663.

It is obvious that recently, the ranges around 62800 and 1660 will become key areas for contention. The future market will either oscillate around these points or pull back again to push higher, expanding the one-hour rebound to a four-hour rebound. As long as it does not break 64800, we do not consider a four-hour rebound. You know, Xinya's main strategy is decisive, not focusing on the latter. It observes a downward motion of one hour within the four-hour oscillation process.

Therefore, the future market strategies are to short around 63800, add at 64500
Conservatively short at 64000, add at 64800
Stop loss reference at 64850 or 65250
The target is to break down 62800 to 61800, or conservatively expect oscillation around 62800.

As for Ethereum, synchronize entry and exit. The trend of Ethereum has been somewhat confusing recently. Focus on three key positions: 1650, 1680, 1710. As long as it does not break 1724, it cannot reach 1800.


You know I previously set a short position at the divergent 1640; if I need to defend at the second level of 1680, I will consider pulling back to wait for better opportunities to short again. However, I believe it's okay to short at 1680; if it reaches 1700, I will add boldly because the left side will not give the right side chances. Since I chose the left side, I will stick to it completely. In my opinion, the current price of Ethereum is already relatively high; I hope it returns to its actual value.

Synchronize and proceed, official account: Xinya Talks Chan

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink