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$BTC June 22 Bitcoin Market Analysis: Bitcoin is currently in the b-wave correction phase of an ABC downward structure, with the b-wave starting from around 59,000 and possibly forming an abc structure. A smaller-scale upward guiding structure may be forming, indicating that the consolidation has not yet ended, and it might rise first before falling back. After completing the b-wave, it will move into the c-wave decline. Overall, the pattern leans toward a consolidation, and short-term trading should avoid chasing highs or selling lows.
Ethereum's structure is synchronized with Bitcoin, also in the b-wave correction phase. The rise from the low point is an a-wave, currently in the b-wave consolidation zone, and after completion, it will move into the c-wave upward. A smaller-scale abc structure may form, with a retracement first and then an upward move, indicating continued consolidation and accumulation.
Trade Entry Suggestions: The current market is volatile with many directional changes, so short-term operations should wait for clear structural signals. For Bitcoin, monitor support and resistance within the b-wave consolidation zone, and use Ethereum's movements as a reference. Small-cap coins like ZEC and AXS have structural opportunities but require caution regarding market manipulation risks. It is recommended to choose fully circulating coins, take profits quickly, and avoid overextending. All trading advice is provided free of charge; remember to set stop-losses and participate rationally.
Risk Warning: Market volatility is intense, geopolitical conflicts are highly uncertain, and all analyses are for reference only and do not constitute investment advice. Contract trading carries significant risks; please make decisions cautiously based on your risk tolerance and strictly set stop-losses. $BTC