Good evening everyone, I am Xin Ya
Regarding the review and market outlook, we focus on the night session of June 8. It started at 7 PM, with Bitcoin priced at 63800 under pressure, retracing to 62800, rebounding to test 63800, and fluctuating around 64200. During the drop, there was a rebound at 63800, then it fell back and consolidated around 62800. The MACD is fluctuating around the center, and the trading volume is not large. It is a type of volatile trend. Have you noticed that the important positions in the market run are all the positions provided by Xin Ya recently?

So we will continue to handle the two possibilities given on June 8. The range remains unchanged. We will only discuss the details, the midday rebound was blocked at 63500. If you remember the first possibility given yesterday, you should know that Xin Ya mentioned that if the one-hour rebound continues, the market should fall back and then, after a pause at 63500, make an upward attack. However, the current situation seems to be completely opposite. This indicates that the continuation of the one-hour rebound has been restricted. The market is more inclined to fluctuate, and after the fluctuation, if there is no strong stimulating news, it will spontaneously continue the rhythm downward.

Then we can continue our thinking. If the market fluctuates, the fluctuation range remains 60800-64200, which can be narrowed to 61200-63800 as the main fluctuation range. Sell high and buy low. Set your stop losses in both directions at 60450 and 64850. However, currently it is weak, and 62800 is hard to bear a big responsibility, expecting to first test downward, with a temporary range set at 61500.

Regarding Ethereum, I don’t want to write about it, mainly bearish, plan your position stop losses yourself. It is a segmented tug-of-war, with dozens of points in each tug. Synchronize entry and exit with Bitcoin, 1680-1700 is the entry range, with the target unchanged at 1620. Plan your position filling, stop losses, and take profits yourself, as there are short-term fluctuations intensively; fellow travelers just follow my orders.
Public account: Xin Ya Talks About Chan

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