June starts: daily, weekly, and monthly trends are changing, and the market is waiting for a new direction.

CN
2 hours ago

Today is June 1st, and it is also a new month, a new week, and a new day. The daily, weekly, and monthly charts have all completed their K-line changes, and the market officially enters a new cyclical window. From the market perspective, although there were some anomalies in the early trading session, the overall situation still hasn't escaped the consolidation range, and the real direction remains unclear.

Looking back at May, both Bitcoin and Ethereum concluded the month in the red on the monthly charts, with Ethereum showing notably weaker performance, remaining suppressed for almost the entire month. Each rebound struggled to generate sustainability, and there was a very low willingness to chase prices, resulting in a typical weak recovery pattern in the overall market.

Entering June, liquidity issues remain the core contradiction the market cannot circumvent. Recently, the two major tech giants from China and the U.S. conducted simultaneous IPOs, attracting massive funds away from the market. This undoubtedly puts additional pressure on risk assets that are already experiencing tight liquidity. What the market lacks right now is not a story but rather incremental funds that are genuinely willing to enter continuously.

At the same time, many recent upward movements have more relied on sudden news-driven events. Whether it's a de-escalation in geopolitical situations or changes in policy expectations, they often trigger severe fluctuations in a short period. However, the main characteristic of such market conditions is their unpredictability and lack of sustainability; news arrives quickly, and the market ends just as fast, making it difficult to form a foundation for a trending upward movement.

Overall, at the beginning of June, the market remains in a phase of directional choice. Until there is a significant improvement in liquidity, consolidation and fluctuations will continue to be the main theme.
Operational suggestion: Short Bitcoin around 74444, with a stop-loss set at 74950.
24-hour Tencent meeting live room: 759-223-4196

This article is published by 【Huiying Community】 and represents only personal views. Due to certain delays in information transmission, the content is for reference only and does not constitute any investment advice. Please make rational judgments and operate with caution.
If you need more timely daily market analysis and strategy ideas, feel free to add Safew's contact information, or add three lines: MY89080, to join the group for free learning.
The community has 15 professional analysts who monitor the market live all day. Here, you can not only learn technical analysis methods in practice but also gain a systematic understanding of unfreezing ideas and risk control systems.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink