
Cloak M|Jun 20, 2025 14:05
In the past few days, the market has hit another small low point and has rebounded slightly, once again standing at the key support level of $105000. Identify the downward trend line and the resistance level near $107000 above, as long as you can break through, otherwise you will continue to fluctuate within the range.
On the daily chart, it has been fluctuating in this range for almost a week. In this case, the market will either experience a violent wash before the market starts again after a deep drop, or start directly after a long period of horizontal substitution for decline.
Regardless of the situation, this year's major market trend will not be absent. We are waiting for opportunities to buy low spot prices. The current volatility is gradually coming to an end, and the turning point is not far away.
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