Looking at the four-hour chart of Bitcoin, the previous consecutive extreme bullish range of 58000-58300 has begun to rebound repeatedly! Moreover, based on the performance during 6/25-6/26, there was a bullish strength of about 3000 points! Therefore, we clearly gave bullish signals before this and during the actual operations, the performance of bears was overly eager, it is obviously impossible to profit from shorting; although there was indeed strength, the performance period showed clear strength but the results did not match! So we judge that the next phase of the market will mainly be driven by bullish performance!
Therefore, after the market started until 6/30, we provided a clear timeline for the monthly upward rebound phase! Thus, when we were making previous arrangements, we confirmed our bullish outlook, mainly focusing on going long in the 58000-58300 range, with subsequent floating profits adding positions mainly concentrated at 59400 for the first time / 61400 for the second time / currently, based on intra-day performance, short positions should first be engaged around 62850. If the four-hour chart aligns with the one-hour chart to show upward alignment lines and a bullish trend emerges, we will opt to add to our floats for the third time! Those holding long positions can later hedge with short positions!
The cycle of market increase was determined to start on 7/1, and it has now reached the thin three short line top structure! In the short term, the market's correction space can be noted around 61100-61300! The subsequent bottom-building situation will then determine the direction choice of the market.
I will publicly share real trades every day! All real-time guidance in the village! Extreme point levels! Accurate direction!
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