June 23, 2026 Evening Market Analysis: Current Price Near 74,700

This afternoon I posted, at that time the price was around 75,500, encouraging everyone to go short at the current price. I wonder if anyone had the chance to enter? I also provided the level at 74,800. Did you take profit?

Back to the current market, the price is around 74,700.

4-hour trend: In a recovery phase after breaking down. Currently showing signs of stabilization.
Next, focus on the 76,000-77,500 range, which can be used for grid trading or phased short entries (all positions should be determined based on market movement). If you enter short around 76,000 directly, you must be quick in and out, because even if the price continues downward, it may rebound again. The best approach is to build positions gradually during the rebound to the 76,000-77,500 range.

✅ Today's Strategy
Buy the dip and short, wait for the rebound to the 76,000-77,500 range to build positions gradually or use grid trading. The next key target for shorting: 72,500 (this is a target level, not necessarily hit in one go; you can short repeatedly down to this level).

Avoid opening long positions against the trend; doing so will make you uncomfortable, uncertain, and restless at night. Although it may look like the price is rising, the actual increase might not be significant. It's better to wait for the opportunity to short down to 72,500.

Never open a position when the timing isn't right. I know days without trading can be frustrating, but the point of waiting isn't to miss opportunities but to avoid risks.

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