Analysis of Bitcoin Market on June 26th

Analysis of BTC disk on June 26thBTC showed a fluctuating downward trend after rising again by 31000 on Sunday, and began to rebound after a short-term decline at 9 am today. Currently, it is fluctuating around 30200 and trading volume is relatively active

Analysis of BTC disk on June 26th

BTC showed a fluctuating downward trend after rising again by 31000 on Sunday, and began to rebound after a short-term decline at 9 am today. Currently, it is fluctuating around 30200 and trading volume is relatively active. From the current trading volume, the market has gradually recovered, and the trading volume has returned to the trading heat of April and May. From Sunday's market trend, it can be seen that there has been a trend of small bears in the recent market, but this form has strong deceptive nature and needs to be cautious. The igniting of market sentiment this time is the action of the city merchants and large households to activate the market, mainly activating the trading enthusiasm in the Asian region. Although the trading atmosphere is gradually warming up, it still has not reached the desired state of the main players. According to the Market data and information obtained over the weekend, small and medium-sized market traders have returned to the market, and the panic has worn off. Their entry will further ignite the enthusiasm of traders, but it also means that they will control the contract market through trading.
Direction and trend: Based on the overall sentiment and rhythm of the market, we are still looking at bulls and cannot rule out the possibility of short-term lightweight pullback and volatility. The main bullish trend remains unchanged for the time being.
Trading strategy: Market players have been confirmed to enter the market and are prepared to reap profits from the contract market, in order to prevent the main players from puncturing contracts and focusing on low and long positions. The loss position needs to be reasonably set.
In terms of spot goods, the main focus is on the Hong Kong sector's currency security IEODefi chain game. If the market recovers, these sectors will have good gains, but we cannot blindly pursue the long run.

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