The current market shows a continuous downward trend, with insufficient rebound momentum after 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 be under pressure in the short term.


From a technical analysis perspective, it is not yet suitable to rush to find the market bottom at this stage. Investors should focus on the performance of the key support level at 100,000, as this position has a decisive significance for the future market direction.
The recommended 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 unlikely to change in the short term, and investors should maintain a cautious attitude and manage risks appropriately.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)