🎢 June 6th afternoon market view. 🎢
$BTC view:
Can the big coin hold the 100,000 integer barrier? If it can't hold, it's a total loss, and if it gets chaotic, it might just flip the table.
The big coin breaks through 101891 with volume, and if it closes above 101891 at the hourly level, go long on the right side, and stop-loss if it breaks.
101458 breaks down with volume; if it can't recover after a pullback, go short on the right side, and stop-loss if it recovers. Pay attention to volume changes and manage your stop-loss carefully.
100733 fake breakdown, recover with a small position long one, stop-loss at the fake breakdown low or if it breaks 99820, if it can't recover, don't go long.
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At the hourly level, the big coin breaks through 102193 and holds above, looking up to 103169-103839; if it can't hold, it will test the previous low again.
Those looking to short the big coin should note if 104161 has a 2b false breakout to short one, stop-loss if it holds above 104829.
Conservative players wait: long at 98676, stop-loss at 97743.
Right now, the big coin is in a natural pullback during a decline, and there will be a second test; if the second test does not break the previous low, then it has basically stopped falling.
If the second test directly breaks the previous low of 100305, then 100,000 is definitely not maintainable, and the strongest support below is 97786, hopefully, this support won't be needed.
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Upper resistance: 102339-103250-104100
Lower support: 101428-100639-98831
At the 4-hour level, if it breaks below 101367 and the 4-hour closing price is below 101367, look down to 100659-98673; it's best not to break 100,000, if it breaks 100,000, it's all over.
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$ETH thoughts:
The second coin breaks through 2446 with volume, go long on the right side, and stop-loss if it recovers.
2426 breaks down with volume; go short on the right side, and manage your stop-loss.
Pull back to 2381 to confirm valid support, long one, stop-loss if it breaks 2347.
For the second coin, watch for a short at 2507 above, stop-loss if it breaks 2547.
Left side order: long at 2311, stop-loss if it breaks 2268.
If this door at the daily level for the second coin is drawn down, think about the consequences yourself! It would be quite terrifying. This door at the daily level for the second coin can only potentially be drawn down if the daily closing price is below 2400.
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Upper resistance: 2474-2509-2548
Lower support: 2401-2348-2313
At the 4-hour level, if 2381 breaks down, look down to 2350-2310. Those who think the second coin won’t drop might be confused again; it might just be beginning, meeting adjourned.