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Today is June 25. Last night's market really came as expected, exciting or not? Ethereum (the second coin) $ETH plummeted all the way down along the bearish trend, directly hitting the freezing point of $1,551! Although it was forcibly pulled back a bit by the volume-less rebound in US stocks during the late session, don't be fooled by this smokescreen.
My stance is clear here: the overall major trend is definitely still bearish. This rebound is just an opportunity for bears to buy tickets and get back on board. This time, I'm directly targeting $1,400!
Macroscopically, the US and UK, those cunning foxes, are constantly talking about "raising interest rates," being very stubborn. If it weren't for the blonde guy who came out yesterday and shouted "must cut rates," the overall market would probably not have stopped at $1,551 last night, and would have been slapped straight into the abyss. But against the backdrop of global liquidity being tightly squeezed, one or two political talk shows can't save the market. Everyone, fasten your seatbelts and wait patiently for the truly devastating super black swan that's coming.
Also, I see a lot of guys in the square talking about US stocks: watching the chip and storage sectors go crazy high, they can't help but want to short at highs.
Let me give you a piece of advice: don't go against the trend and short US tech stocks during the main rising wave! Right now, smart money and safe-haven funds globally are blindly piling into hard tech sectors like chips and AI infrastructure (for example, SpaceX just issued bonds for a mega AI layout), forming a safe haven there. They are propping up US stocks to the moon, and naturally, the liquidity in crypto is being sucked dry. This perfectly explains why the crypto market dumps whenever there's good news.
If you want to short, Ethereum and altcoins in the crypto space are natural short amplifiers. There's no need to catch a falling knife in US tech stocks. During garbage time, focus on the most certain path. Stick to the big target of $1,400, set your stop losses, follow the strategy, and see you at the peak! #BTC下探60000美元关键关口