June 6th Afternoon BTC/ETH Analysis:
The non-farm payroll data is coming again tonight!
After experiencing a sudden drop in the early morning, the Bitcoin market fell sharply by 6000 points, but the daytime market started to warm up, with five consecutive hourly gains. This round of increase was due to spot buying, and the rebound strength is still good. I mentioned in the morning that if the hourly line stabilizes above 1020, it would indicate a direction. Currently, the momentum is still strong, but it is not advisable to chase the rise; wait for a pullback before buying. The upper resistance is 1050-1067.
BTC: Consolidating near 1020-1025, protect with a 500 point stop, target 1037-1050.
The current performance of ETH is slightly weaker, stabilizing above the 2446 support and has been sideways for several hours without breaking upwards. There should be a possibility of a rebound later.
ETH: Consolidating near 2443-2552, protect with a 25 point stop, target 2493-2550.
Remember to have good protection; the US is currently short on money, and repaying national debt is imminent. A wave of harvesting has already occurred in the early morning, so don’t let yourself become fuel again; ignite yourself to light up the Statue of Liberty!
Follow Liu Bei, like first then watch, earn over ten thousand U!
