Market analysis of BTC on the morning of June 11. From the point of view of the current technical pattern of the disk, the rebound high is gradually moving downward, and from the perspective of the relationship between volume and price, the recent rebound is generally accompanied by a shrinking volume, and when it falls, there is a large volume, which further verifies that the market bears occupy a dominant low position. If there is a stagflation signal near the 1095-110 pressure band during the night trading session, you can consider placing short orders in batches. The following needs to focus on the support strength of the 1085-1080 range, this area is a platform that has been tested many times in the early stage, once it effectively falls below, it may trigger an accelerated decline market, and then you can consider adding positions to follow up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Spot Bitcoin ETFs Top 1.1M BTC
Market analysis of BTC on the morning of June 11.
From the point of view of the current technical pattern of the disk, the rebound high is gradually moving downward, and from the perspective of the relationship between volume and price, the recent rebound is generally accompanied by a shrinking volume, and when it falls, there is a large volume, which further verifies that the market bears occupy a dominant low position. If there is a stagflation signal near the 1095-110 pressure band during the night trading session, you can consider placing short orders in batches. The following needs to focus on the support strength of the 1085-1080 range, this area is a platform that has been tested many times in the early stage, once it effectively falls below, it may trigger an accelerated decline market, and then you can consider adding positions to follow up.