❤June 17th Kunpeng Market Analysis: Already see through the market maker's trap, do not chase the price or sell with bearish market during the volatile period!

Yesterday, during the analysis, I mentioned to everyone that if the market pulls back above 106000 and successfully tests that level, we can confirm that the four-hour downward movement has completed. Currently, it is still maintaining a large oscillation range on the four-hour chart. Yesterday, Bitcoin surged strongly to the resistance level of 108000, but this morning there was a small-scale sharp decline. The market is fluctuating wildly, and we should ignore the short-term sliding movements on a small scale. Looking at the daily chart, the structural pattern still indicates strength, so there is no need to worry about the spot market.

This kind of trend is actually not surprising—friends who have been following the morning reviews should remember that as early as the 6th, the teacher made a prediction about the market through the I Ching (take a close look at the chart). Since then, I have also repeatedly analyzed the market structure from different time frame dimensions (including yesterday). To emphasize, in this kind of large volatility market, chasing the price and selling with bearish market is just giving money to the market maker.

What you can do is control your positions well and wait patiently! This is also an excellent opportunity to train your trading mentality and position management.

PS: Tomorrow night, the interest rate meeting in the early hours of the 19th will lead to greater volatility in the market. Do you think it will go up or down? Share your thoughts in the comments!