6.15-6.21 Weekly Summary and Subsequent Wave Analysis

Growth is a brave adventure; do not fear the unknown, because the most beautiful scenery often appears on the steepest roads.
This week's market overall followed a deep V pattern of first rising, then falling, and then rebounding, starting from a low point near 66,700 on Monday, reaching a high of 67,255 in the early morning, then falling back to a low of 62,232 on Thursday before stabilizing and oscillating.
As of today, it has been oscillating upward again, once more surpassing 64,000.
The long-term trading idea for the bullish wave given in last week's summary was perfectly hit on Monday, with nearly 4,000 points of space.
This wave of the trend had been anticipated long ago, and those who followed have enjoyed a profitable week!

Overall, this week also provided very good opportunities.
A total of 13 trades were placed this week, with only one loss, capturing a total of 6,731 points of profit.
First long position entered at 64,200, exited at 65,541, gaining 1,340 points.
Second long entered at 65,588, exited at 66,489, gaining 901 points.
Third long entered at 66,584, exited at 67,172, gaining 588 points.
Fourth long entered at 65,749, exited at 66,349, gaining 600 points.
Fifth long entered at 65,523, exited at 66,005, gaining 477 points.
Sixth short entered at 66,051, exited at 65,522, gaining 529 points.
Seventh long entered at 65,455, exited at 66,318, gaining 863 points.
Eighth long entered at 64,470, exited at 64,884, gaining 414 points.
Ninth short entered at 68,754, exited at 68,434, gaining 320 points.
Tenth long entered at 63,393, exited at 64,064, gaining 671 points.
Eleventh long entered at 64,748, still holding.

Ethereum: one position entered at 1,772, exited at 1,800, gaining 28 points.

The loss was on a long position taken late Saturday night, exited with profit, but after a slight pullback, the market rebounded sharply, resulting in a regretful stop-loss.

From the current chart, the large cycle on the daily level has not changed much; the three-band contraction wave amplitude is gradually stabilizing.
However, the entire range has shifted from the lower-middle band area to the middle-upper band, indicating that the upward trend is not reversed.
This pullback is just a normal correction after a major market move.
The subsequent wave strategy remains to buy low and look higher; it’s only a matter of time before the price hits the upper band!

Wave Strategy
BTC: Buy at 63,500, target 67,000

ETH: Buy at 1,700, target 1,900

In the short term, the four-hour chart shows consecutive bullish candles with minor pullbacks, clearly indicating an upward trend.
With the three bands walking parallel, once the price stabilizes and consolidates around 64,000, the subsequent upward movement is the current trend.
Pullbacks are opportunities to enter; the main idea is to buy low, at any point below 64,000, aiming for 65,000!

Short-term Strategy
BTC: Buy at any point below 64,000, target 65,000
ETH: Buy around 1,720, #我的Gate交易时刻 target 1,800