Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
Trade $MORE to unlock Listing Airdrops + $300K Points Prize Pool!
💰 Total Airdrop Volume: $30,000 MORE, Limited slots—first come, first served!
✅ Total Points: 2 Alpha Points per trade—accumulate points to share the $300K prize pool!
🔥Trade the Hottest On-Chain Assets First
For more information: https://www.gate.com/campaigns/1342alpha?pid=X&c=MemeBox&ch=vxDB0fQ5
The Bitcoin market in June concluded perfectly. Yesterday's market developed as expected, peaking at 108700 in the morning and bottoming out at 106800 in the evening. This trend completely aligns with our predictions.
Investors who followed the morning analysis and the evening live broadcast should have a clear understanding of the market. In such a market condition, we should not blindly chase after rising prices or sell at a loss, but rather maintain rationality.
From a technical perspective, the daily chart shows that Bitcoin is still moving within a downward channel. Therefore, maintaining a high-position short strategy today may be a wise choice.
For the market on July 1st, we recommend the following:
1. Investors who have already built positions at the 108700 level can continue to hold.
2. If a rebound occurs today, you may consider increasing short positions in the range of 108500-109000.
It is important to note that the market is constantly changing, and investors should always pay attention to the latest developments and adjust their strategies in a timely manner. At the same time, remember the importance of risk management and do not wager all your funds on a single position.
In the turbulent cryptocurrency market, it is crucial to remain calm and rational. Let us continue to closely monitor market trends and seize every investment opportunity.