Latest news from ✅Shu Qin✅

BNB plummeted! Is the rally over? Can we go long on Bitcoin now? Come and check it out.

1. First, about BNB's big drop, there's nothing mysterious, just a simple correction after all the good news has been priced in. As shown, it was due to a new feature launching on June 1st, which caused a 20% surge beforehand, then today, after the good news was fully priced in, it started to pull back. So the question is, will it go up again?

2. Actually, after the good news was realized, the narrative ended, and there are no clear buy or sell signals anymore. Yesterday, we advised everyone to set up short positions, as shown, and to take profit when the pullback after the good news was complete. Capture the confirmed profits, and if good trading opportunities arise, we will act again.

3. Then, it looks like Bitcoin also has a chance. It dropped near the previous low of around 76,000 USD. We already caught two rebounds here before, and this is the third time. Honestly, I usually only trade support and resistance twice; the third time, I can only try with a small position. Not trading is also fine; just wait for new levels.

4. If we go long at 72,700 USD, we can take profit around 74k USD with a small resistance, and then set a short near the resistance at around 75.5k USD. When the price hits, act accordingly—just see if the market gives the opportunity. Will there be a sudden positive development in US-Iran talks?

5. Speaking of the small resistance at 74k USD, we also advised everyone yesterday to short near this level, successfully catching the 72.6k USD rebound. This is how we swing the market daily—simple but profitable. Meanwhile, Shu Qin is actively researching various coins. For example, yesterday's BNB short—opportunities always favor those who are prepared!
🚨Information sharing, not investment advice!🚨
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#BNB #pepe #Strategy sends new BTC buy signals again