On June 29, Bitcoin spot ETFs have been seeing outflows nonstop recently, and it has been stuck around 58,000. It feels like the bottom of a daily chart. But the director says that there isn’t even a bottom pattern forming right now—could it be possible that it will continue to range and then move downward? 🟢 Recently, a number of students have been privately messaging the director asking to buy the dip. The diamond top on the S&P 500 hasn’t “ripened” yet; we’ll see whether 7290 can break down. If it breaks, then a top correction will begin. Will Bitcoin also break this 58,000? 🟢 Earlier, when Bitcoin had just reached 58,000, the director reminded everyone to take longs on the rebound here. Over the past few days, the rebound strength hasn’t been very strong and has basically been used up. ✍ ️ Next, everyone should pay attention: will this consolidation, with the bearish direction of the moving averages and shrinking volume, break down and continue falling? Don’t fantasize about a big green candle pulling it up directly. Real money is flowing out—we need to keep following the trend!

BTC-0.39%
US5000.95%
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