The daily chart has reached a critical position, and the potential double top mentioned on June 11 has basically taken shape. We need to wait for a K line to close below 100500. The 100500 level has supported three times; if it goes down again, this support will no longer be valid.
Expectation 1: At the 100500 level, the main force does not want to defend anymore, removing the bottom support orders, which will lead to a breakdown below 100500, and then directly form a daily chart double top. Expectation 2: The main force still has goods that have not been sold out, continue to hold the 100500 rebound, sell the last batch of goods in hand, and then form a descending triangle to break down.
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CryptoNewsUpdate
· 2025-06-22 18:26
How to join the group
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LookingUpToGodForTh
· 2025-06-22 09:15
The role of US stablecoins: ① Those who hold a large amount of US Treasury bonds no longer have to worry about selling them urgently, nor do they have to worry about a collapse of US Treasury bonds, because they can exchange US Treasury bonds for stablecoins, and then use stablecoins for various investments, while also benefiting from US Treasury bonds. ② The US dollar becomes more valuable, as it can be exchanged for stablecoins by buying US Treasury bonds, resulting in double benefits. ③ US Treasury bonds become more valuable, as everyone holding US dollars will go to buy US Treasury bonds.
Bitcoin【daily chart】
The daily chart has reached a critical position, and the potential double top mentioned on June 11 has basically taken shape. We need to wait for a K line to close below 100500. The 100500 level has supported three times; if it goes down again, this support will no longer be valid.
Expectation 1: At the 100500 level, the main force does not want to defend anymore, removing the bottom support orders, which will lead to a breakdown below 100500, and then directly form a daily chart double top.
Expectation 2: The main force still has goods that have not been sold out, continue to hold the 100500 rebound, sell the last batch of goods in hand, and then form a descending triangle to break down.