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Brother Tong's 6.22 BTC Strategy
$BTC Enter around 648-653, stop above 658, first target 630, second target 620.
The recent news has been bouncing back and forth, after watching the excitement, the price has returned to the old place. Truly strong market sentiment, after a rally, will continue to go higher; truly weak market sentiment, a rally is just to give people hope, then slowly suppress it back.
Now Bitcoin looks more like the latter.
The rebound seems significant, but every time it surges, it deflates, and it can't even sustain a breath. This indicates that money isn't betting on the trend, but is just grabbing a quick profit and running. The more frantic the surge, the faster it dies.
Market sentiment never lacks opportunities; what it lacks is patience. When those who rush ahead are exhausted, the true direction will naturally emerge.