Broto 6.12 BTC idea

$BTC Rebound near 637-642 to enter, stop above 647, first target 620, second target 610

Yesterday I ground all day, seeing it go down, but then a news event triggered a rally back to 63915. A group of people immediately started shouting that the bull was back, but before the heat even dissipated, the price returned to the original level.

The most interesting part of the market right now is this. Every time news comes out, it can trigger a wave of sentiment, but what truly can change the trend is never a single statement, but whether the funds are willing to keep pushing upward.

It's not hard to push up, the hard part is holding.

Recent rebounds have looked quite lively, but as soon as they reach key levels, they start to turn around. This shows that the market isn't lacking viewers, but lacking those willing to buy at high levels.

So don't treat news as a trend, and don't mistake rebounds for reversals. Until the chart shows something new, I still prefer to respect the original direction #美国5月CPI创三年新高