Tuesday Night Jing Yi's Thinking Returns 🩸 The Time Has Come

At the beginning of the week, various news surfaces; no matter how much it rises, it's just a setup for the bears to enter. Can't you still understand the June trend?

From the current market situation, the three-line bearish arrangement, MACD bearish divergence with increasing volume, and KDJ death cross indicate a main trend of short-term decline. The three lines are turning downward, opening a downward trend. The medium-term bullish trend has already been broken, and we are now in a phase dominated by a downtrend. The KDJ indicator has formed a standard death cross, indicating short-term oversold conditions, but the downward momentum has not fully exhausted. There may be slight rebounds for correction, but the overall downward structure remains unchanged. The MACD indicator's red and green bars continue to expand the bearish green bars, with bearish momentum still releasing. No golden cross signal for a trend reversal has appeared, so the downward trend continues. Current main trend: Bearish

✔️ Short-term resistance for Bitcoin: 634-636, a key level dividing bulls and bears for a rebound
Strong resistance: 650
Short-term support: 618
Strong support: 590, the ultimate critical support in this decline. Falling below this opens up significant downside space

✔️ Short-term resistance for Altcoins: 1703-1713-1719
Strong resistance: 1779
Support level: 1633 (intraday low, temporary short-term support)
Strong support: 1503, the core defensive level in this decline. Falling below this greatly increases the downside potential

Trading Suggestions
For Bitcoin, rebound to the 627-639 range to set up short positions, with downside targets at 619-591, and long-term target at 550

For Altcoins, rebound to the 1675-1700 range to set up short positions, with downside targets at 1635-1600, and long-term target at 1503

If BTC drops effectively below 590 and ETH below 1503, the downside space will further expand #0成本拿2股SK海力士