Tong Ge 6.14 BTC Strategy

$BTC Rebound to around 647-652 to enter the position, stop above 657, first target 630, second target 620

Gradually creeping from 633 to 647, the low point is indeed moving upward, climbing step by step. Plus, news of peace talks between the US and Iran, the market looks quite promising. But Tong Ge reminds: climbing up and rushing up are two different things.

A true reversal is a single line piercing through without turning back, not slow small steps. An upward shift in the low point doesn’t mean the trend has turned; it’s just consuming time. News can push the price up gradually, but when it hits a key level, legs still weaken—touching 647 and immediately pulling back to 643 shows the pressure remains the same, and the nervousness is still there.

So don’t get itchy just because the lows are rising. Climbing slowly, but falling can be quick. Before the trend reverses, a rebound is still a rebound. Tong Ge continues to look south. #美国5月CPI创三年新高