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2025.6.24 9:33 AM BTC/ETH market analysis
On that night, 3.5 billion CNY vanished into thin air, 123,957 people went bankrupt to zero. That night, Iran bombed the American bases in Syria and Qatar, and outside, Trump wanted to escalate the conflict. Who knew this guy suddenly sang that it was time for Iran to promote peace in the Middle East? His rhetoric was indeed very old Trump. The market then launched a counterattack, regaining lost ground, especially BTC, which made a strong recovery!
On Sunday, everyone was encouraged to boldly long with deep positions. Last night, I insisted that your Sunday position must keep a bottom position, without setting take profit and holding on. There was a chance for aggressive orders last night, but the order point was 30 dollars off and didn't hit! Fortunately, in this wave of market, I had a few positions in hand. Not to mention much, in such a rapid market with wild ups and downs over 4 days, the strategy of Saoge didn’t lead to liquidation, and the number of times the take profit was far greater than the stop loss. The final result is that we survived and even made a little profit. Many people can't afford this, but they do not know that in the past few days, the market has already liquidated over 13 billion CNY and more than 600,000 liquidations. This shows the value of Saoge's strategy!
BTC attention
Support 100300/97669/93246
Pressure temporarily set at 109500
The key price levels at this moment are 107507/106132/104757/103055-103366. The reason for these levels is that there is demand for fluctuation at these points, which have all been resistance and support levels over the past half month!
ETH attention
Support 2215/2153/2094
The pressure is temporarily set at 2542/2585/2627
The key points at this moment are 2466/2343/2285, which are consistent with BTC. The fact that these levels can rise and fall so recklessly only proves one thing: these areas have been thoroughly washed by the market makers, completely dominated by them. The densely traded area has had its chips highly concentrated after being washed, and the market can be activated at the whim of the main players!
In terms of operations: Today, we should first observe Europe's reaction to the latest ceasefire between Israel and Hamas, whether it will continue to soar or wait to see if North America will change its stance in the evening. The market is making decisions, and it is all worth observing. For the past three to five days, the market has been completely dominated by the attitudes of the Middle East and North America, which is not a good sign! After the calm is restored, the market will again revert to indicator demand, and we can operate based on the indicators!
Remember that splitting positions is key, position size is crucial, you must learn from your mistakes, and avoid reckless actions!
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