6.30 Evening Big Cake Market Analysis$BTC

There is no 100% accurate prediction in the crypto market. No matter how experienced the trader is, it is impossible to precisely catch every top and bottom. If you obsess over forecasting exact entry points and trade frequently, you will only repeatedly pay transaction fees and constantly miss opportunities, leading to losses. Give up the obsession with accurately calling the tops and bottoms, follow the trend of the larger timeframe, and reduce ineffective frequent trading. Looking back at the market, the Big Cake rose slightly from early morning and then entered short-term consolidation. Starting from the morning session, the market began to move downward; up to now, it has fallen below the previous low and is currently encountering resistance and consolidating around 59200.

Based on an hourly-level market analysis, the price action keeps breaking below the Bollinger middle band, moving toward the lower band. The Bollinger Bands are opening downward widely, and the bearish trend is clear. The lower band at 59000 is a strong short-term support; if it breaks, the price will test 58850. The key resistance above is 60200. Only by holding above the middle band can the short-term bearish structure be reversed. Current trading volume is shrinking. During the decline, there has been no expansion in volume, and the price action is a slow, grinding drop, with neither bulls nor bears having entered in a large scale for the time being. For now, short-term operations mainly focus on going short near the highs and staying on the sidelines; only when the U.S. stock market opens in the evening may a one-way market signal appear. #Solana生态ANSEM暴涨 #Strategy拟回购股票涨超12%