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Analysis for the evening of June 19
K-line trend: In the afternoon session, it continued to close with a downward trend, with a large bearish candlestick with high volume appearing during the session, indicating that the bears are releasing selling pressure intensively; subsequent continuation of a small downward trend, the downward momentum has weakened but the market has not yet shown clear signs of a bottoming or stabilization.
Volume performance: During the main decline phase, trading volume increased significantly in sync, confirming that bears are fleeing en masse; trading volume remained high at the end of the session, and market selling pressure has not been fully absorbed.
Yifan personally suggests: If you currently hold long positions that have been taken out, do not rush; wait for the US stock market to open in the evening. The current trend is still in place, or wait for Federal Reserve news.
Yifan personally suggests pulling back to around 74,200-73,500, with a target of around 65,800-66,000. If broken, look for around 77,000. If the market crashes, then follow the trend and chase the rebound #BTC #ETH #BTC走势分析