6.16 A Million Clock Midday Market Sentiment Reflection

The early trading session showed a correction and a second dip in the market, with the short-term adjustment space mostly exhausted. In the afternoon, the market returned to the long-term bullish channel, and the current Bitcoin price stabilized above the 66,000 level. The Bitcoin long positions set up around the 66,000 mark in the early session are now showing unrealized profits. As previously analyzed, this decline is only a short-term technical correction, and the medium- to long-term upward trend remains intact, with no signs of reversal. Future operations should continue to follow the trading logic of buying on dips.

From the market rhythm perspective, the short-term support zone is quite strong, and after a round of momentum release, the bearish force has weakened. Bullish funds are gradually flowing back, pushing prices higher. In terms of trading, wait for the price to retest key support levels before gradually entering long positions. It is not recommended to chase the market at high levels; reasonably control position sizes.

Bitcoin can be positioned around 66,000 for long entries, with the first target around 67,500; Ethereum, after a pullback to around 1,760, can be followed with long positions, aiming for an #我的Gate交易时刻 upward target around 1,830.