June 23 Tuesday Review

On Tuesday, the market faced dual negative pressures from South Korean stock circuit breakers and a collective decline in U.S. stocks, causing global risk assets to come under pressure and decline. The main strategy throughout the day was to mainly hold short positions during rebounds and supplement with short-term long positions, with the rhythm staying grounded all along.

In the early session, high positions at 65,550 and 65,160 were gradually deployed in the Kongdan, with the Kongtou falling accordingly, resulting in a cumulative decline of over 2,600 points in the Kongjian. Midway, the price reversed at 63,900 with a small short-term dip, incurring slight losses, then quickly adjusted the rhythm. Relying on the support at 62,024, rebound short positions were deployed, capturing a 700-point rebound zone. In gold, previously at a high of 4,360, short positions were deployed, and after the 4,120 support was broken, the Kongtou continued downward, with a 268-point decline space achieved.

In the short-term, Bitcoin short positions gained over 700 points in total, with the Kongdan accumulating nearly 4,600 points, and gold short positions realizing a 260-point downward space.

A total of 6 trades were executed throughout the day, with flexible switching between long and short positions, reasonable risk control, and taking advantage of the trend to realize profits.

External negative factors continued the main bearish trend; short-term rebounds are only pauses during the decline, and should not disrupt the rhythm of the overall downtrend. Following the trend is the key to steadily grasp the market. $BTC $ETH #以太坊基金会重组降本