Market Review: The second wave of adjustments in June has arrived as expected!

At the end of May, through on-chain data analysis and large holder behavior monitoring, an analyst clearly pointed out that a significant correction would occur between June 11-14 (with a normal error range of ±1 day).

When the market remains in a sideways consolidation on June 10, many investors believe that the downward momentum has been exhausted. However, analysis shows that a震荡下行 will follow, looking for bottom support between the 15th and 18th.

The market trend perfectly corroborated this judgment—Bitcoin quickly fell from $110,380 to $102,638, showing a precise one-sided drop of 7,742 points.

This on-chain data-based market analysis once again proves that the combination of technical and fundamental analysis still holds considerable reference value in the cryptocurrency market.

Regarding the future market direction, market analysts have begun to construct new analytical models in order to capture the pulse of the next phase of the market.