🥃6.2 Day Afternoon Market View.🥃
$BTC Viewpoint:
The Dragon Boat Festival has passed, and Children's Day has also passed. Is it time to return to life and work hard to earn money, dear classmates? Otherwise, how will you celebrate the holidays! No blessing is better than cash.
Bitcoin has broken through 105026 with volume, and the closing price on the 6-hour level is above 105026. Enter long on the right side, with a stop loss on the breakdown.
104804 has broken down with volume, and the retracement cannot return; enter short on the right side, with a stop loss on the return. Pay attention to observe the change in volume and manage your stop loss well.
103683 has a false breakdown; return with a light position and add one lot. If it breaks below 103000, set a stop loss; do not add more if it does not return.
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On the hourly level, Bitcoin can break through 104825 and stabilize to look upwards at 105262-105832. Last night, it looked like Bitcoin was about to break through immediately, but now it seems to have stalled.
Students who want to short Bitcoin should pay attention to the false breakout at 105604; short one lot, and if it stabilizes above 106426, set a stop loss.
Conservative players wait: buy at 102568, with a stop loss below 101403.
The candlestick pointed to by the yellow arrow in the hourly Bitcoin chart closes very poorly. If Bitcoin cannot break through this candlestick directly today, then it will go down as it comes up.
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Upper resistance: 105250-105817-106404
Lower support: 104546-103665-103032
If the 4-hour closing price is below 104516, look down at 103891-103266.
Bitcoin's weekly closing still shows a bearish engulfing pattern, although the bearish candle is a bit short, but it does not affect its performance.
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$ETH Thought:
The second Bitcoin has broken through 2509 with volume; enter long on the right side, with a stop loss on the return.
2484 has broken down with volume; enter short on the right side, with a good stop loss.
Pull back to 2450 to confirm effective support and add one lot; if it breaks below 2420, set a stop loss.
The second Bitcoin on the hourly level has broken through 2508; look upwards at 2529-2550. Look at how the second Bitcoin draws this little door for you; what will you use to go up?
Pay attention to the upper level at 2547 to short one lot; if it breaks above 2586, set a stop loss.
Left side orders: buy at 2386, if it breaks below 2350, you must set a stop loss.
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Upper resistance: 2509-2527-2550-
Lower support: 2491-2458-2421
If the 4-hour level breaks below 2476, look down at 2438-2381; the second Bitcoin was previously very strong, and now it is equally weak. Be cautious when chasing long; the meeting is adjourned.
$BTC
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