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Regarding the situation in Iran, it seems that old Trump is being stubborn again today, saying he wants to hit Iran. Another issue is the market's entanglement with whether the Federal Reserve will cut interest rates. In fact, over time, these issues will become just that. Although the cryptocurrency market in June has gone through a deep fluctuation and has corrected quite appropriately, this moment is also the time to prepare for the July market. The overall market is still hovering in a high-level consolidation box, while altcoins are a mess. Bitcoin has been hovering around the 107,000-point level without a significant correction. As we approach the end of the month and quarter, we need to reassess the market structure from a long-term perspective. Short-term trading can only capture short-term volatility profits, while grasping trend opportunities is the core of profitability.
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The current market is about to enter the summer liquidity drought period, with the daily trend showing significant oscillation characteristics. The forces of bulls and bears are at odds with each other, leading to poor trend continuity, with K-line alternating between bullish and bearish candles, operating within a short-term box structure. Both sides are engaged in a tug-of-war within a limited price space. The price fluctuation range continues to narrow, and each rally and pullback has failed to form an effective breakthrough. On the technical side, the four-hour chart shows a significant contraction pattern in the Bollinger Bands, which often signals that the market is about to experience intense volatility. This narrow oscillation combined with the four-hour contraction signifies both risk and opportunity. Once one side successfully breaks this balance, the market may experience rapid and substantial fluctuations.
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