The price is ready to bottom out! 20250623

CN
4 hours ago

Good evening, brothers!

Bitcoin fell below $100,000 yesterday.

At this time, do you think it's better to sell to stop losses or to buy the dip?

For those who are selling to stop losses,

I suggest you don't trade in the market anymore,

because I have always emphasized that market declines are for buying,

and market rises are for selling to take profits,

not for chasing prices.

Take the recent A-share market as an example,

fluctuation is the norm in the market,

and fluctuations and declines occupy most of the market time.

Fluctuations and declines are used to lower the cost of holding positions, while rises are for taking profits.

Only by operating this way

can one continuously profit in the market.

……

JPMorgan Chase recently quietly submitted a trademark application for "JPMD," sparking interest in the financial and crypto industries. Unlike speculative token releases or experimental pilots, this move reflects that the world's largest bank is rapidly entering the digital finance space. However, JPMD is not a stablecoin.

Investors tend to view this as a careful bet on blockchain infrastructure. JPMD is backed by regulated deposits and piloted on a public blockchain, serving as a blueprint for how traditional institutions can embrace decentralized pathways without sacrificing compliance, stability, or control.

BTC: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, showing a weak price trend.

On the daily level, the price continues to stay below the moving averages, indicating a weak price trend.

In summary, the support level is 101,000, and the resistance level is 101,500.

ETH: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, showing a weak price trend, with a support level of 2,240 and a resistance level of 2,260.

LTC: The price continues to stay below the middle band of the Bollinger Bands, showing a weak price trend, with a support level of 80 and a resistance level of 82.

BCH: The price continues to stay below the middle band of the Bollinger Bands, showing a weak price trend, with a support level of 440 and a resistance level of 470.

That's all for now, good night!

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