⛰️6.9 Daily Market View.⛰️
$BTC Viewpoint:
The major coin has gathered a lot of short liquidity around 108000. If it doesn't get consumed, then something unusual must be happening. Short sellers, don't give up.
The major coin broke through 105563 with volume, and the hourly closing price is above 105563, so go long on the right side, with a stop loss if it breaks.
If it drops below 105415 with volume and cannot recover, go short on the right side, and set a stop loss if it recovers. Pay attention to changes in volume and manage your stop loss well.
If it fakes a breakdown at 104587 and recovers, go long with a light position. Set a stop loss at the fake breakdown low or if it breaks below 104000; don’t go long if it doesn't recover.
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The major coin breaks through 105943 on the hourly level, looking up to 106485-107043, and if it retests, continue to push up.
When shorting the major coin, be cautious of a 2B false breakout at 106891, go short with a light position, and set a stop loss if it stabilizes above 107841.
Conservative players wait for: 103687 to go long, with a stop loss if it breaks below 103000.
For the major coin on the 4-hour level, if it wants to form a W bottom, it must break and stabilize above 106849; without this, the W bottom cannot form.
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Upper pressure: 105921-106892-107917
Lower support: 105037-104147-103571
On the 4-hour level, if it breaks below 105041, look down to 104212-103573.
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$ETH Thought:
The second major coin has broken through 2502 with volume, go long on the right side, and set a stop loss if it recovers.
If it drops below 2492 with volume, go short on the right side, and manage your stop loss well.
If it retests 2438 and confirms support is valid, go long one more. Set a stop loss if it breaks below 2400.
For the second major coin on the hourly level, if it breaks through 2526, look up to 2557-2594. If it cannot recover 2500, you don't need to look upward anymore.
Be cautious of a short position at 2550 for the second major coin; set a stop loss if it breaks 2580.
Left side order: 2388 to go long, with a stop loss if it breaks below 2360.
On the 4-hour level, if the second major coin cannot break the lower boundary of this range and enters it, it won’t be able to continue rising.
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Upper pressure: 2503-2526-2551
Lower support: 2482-2447-2407
If it breaks below 2455 on the 4-hour level, look for target locations below at 2387-2313. Moreover, the MACD fast line at the daily level for the second major coin is about to break the zero axis, which is not a good sign.
If the slow line breaks below the zero axis, the second major coin will turn bad again. It's tough for those buying the second major coin in the spot market; the meeting is adjourned.
