Morning analysis of BTC/ETH on June 3:
Every year during the Dragon Boat Festival, the wind and rain seem to echo Qu Yuan's past grievances!
I have been updating less in the past two days because the overall market has seen little change, unable to rise or fall significantly. The positions provided have all yielded profits, and I won't repeat the same thought points out of consideration for everyone!
Currently, Bitcoin's trend has started to stop falling and the rebound has become more pronounced, with the highs and lows gradually moving up, which can be seen as a signal for the market reversal to start. During the day, pay attention to the key position of 1048. If the hourly level closes above and stabilizes at this position, then the market will begin to rebound, with resistance above at 1058-1067.
BTC: Fluctuating around 1043-1048, defend 800 points, looking towards 1058-1078.
Ethereum is currently relatively strong. Previously, it followed Bitcoin, but now it is moving at its own pace. When Bitcoin falls, Ethereum's drop is smaller, and when Bitcoin rises, Ethereum's rise is larger. It’s now Ethereum’s turn to catch up. At the four-hour level, focus on the key position of 2536, which is the previous horizontal bottom. If it can stabilize at the hourly level, then the market will start moving upward. A single suggestion is to wait at 2580 to ambush, focusing on short-term low fluctuations.
ETH: Fluctuating around 2524-2536, defend 35 points, looking towards 2580-2620.
Pay attention to Liu Bei, like first and then watch, earning U over ten thousand!
