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6.17 Evening Market Outlook
Three consecutive days of short-term bearishness may come to an end today! In the afternoon, the market price broke below the key support level, and the breakdown was very thorough, with the high points continuously moving lower, forming a short-term head-and-shoulders structure. The evening strategy is mainly to look for a rebound to confirm the head-and-shoulders pattern.
Currently around 64,700, the short-term outlook for the day is primarily to expect a continued pullback, with the first key observation being the resistance at 65,800.
Early morning, Wosh and the Federal Reserve's first speech after taking office is approaching, and there are many uncertainties in the news. Do not blindly buy the dip at low levels.
Operation suggestions
If a short-term rebound reaches the resistance zone of 65,300-65,800, consider cautiously following the head-and-shoulders pattern, with targets around 63,300-63,800. If the rebound stabilizes above 65,800 and shows signs of stabilization, then shift your strategy accordingly. Keep your positions well-controlled and implement good risk management. $BTC $ETH #预测世界杯英格兰VS克罗地亚