June 23 Kunpeng Market Analysis: Don't panic when it falls below 100,000! The daily chart level adjustment hides the next wave of secrets!

Yesterday, the market was filled with the clamor of "the bear market is coming," with various excited analyses emerging one after another, and some even claiming that the price of Ethereum will fall to the "1" range. In the face of this situation, some secretly rejoiced, while others were anxious and uneasy, yet I remained calm inside. Looking back, I once struggled to come to terms with the significant fluctuations in profits, but now I can view the ups and downs of account numbers with ease—I deeply understand that on this journey, whether in trading or in personal growth, nothing can be achieved overnight. Grasping this truth is like stepping onto a higher platform, allowing me to face the market's storms with a more composed mindset.

In fact, at the beginning of the month, the teacher mentioned in the analysis that the market would show a "jumping up and down" trend stimulated by news. If one only focuses on the small time frames, the significance of the trend will become blurred. As Changpeng said yesterday: "You will never earn money beyond your understanding." This seemingly clichéd statement reveals the most naked reality of the market.

### Market Analysis:
Yesterday I shared the teacher's观点 in the group: even if the big pie falls below 100,000 in the four-hour oscillation zone, from the daily chart perspective, this is just an adjustment of the upward wave segment from 74,000 to 110,000. After the adjustment ends, the opportunities still outweigh the risks. Last night's market plunged sharply, just touching the 38.2% Fibonacci retracement level marked by the teacher before rebounding, and the rebound strength is currently acceptable. In the short term, attention needs to be paid to whether it can recover around 104,000—if the bulls can pull back this level and stabilize, the situation is expected to turn around quickly; if it fails to break through, the adjustment may continue, with support at 97,000.

Every hardship and tempering you experience now is a cornerstone for building cognitive height. The market will never disappoint those who truly understand the value of accumulation and reflection.