BTC Will this continue the trend of setting the monthly high/low within the first week(s) of the month? The current low is set on the 5th of June while the current high is set on the 9th. 80.7% of monthly lows/highs get put in during the first 12 trading days of the month. So technically both of these can still act as one of these pivot points. But what we have mostly seen this year is that the first larger 5%+ move is usually the fake-out and the move following is where the rest of the month tends to to see the follow through on. This would favour the bulls in this case. Last year we did see a bit more of a ping pong behaviour in the first 12 days where it wasn't that clear but the high/low was still set in those first 12 days most of the time.