🌠6.13 Market Insights.🌠
$BTC insights:
The decline caused by the event is not significant, and it’s actually good for Bitcoin to have a proper pullback due to this event.
Bitcoin has broken through with volume and closed with a solid hour-level closing price above 103829, continue to buy on the right side, and stop loss if broken.
If it drops below 102621 with volume and cannot recover, short on the right side and set a stop loss. Pay attention to changes in trading volume and manage your stop loss well.
If it appears to falsely break below 101489, recover and take a light long position, set a stop loss at the false break low or if it drops below 100663, do not add more if not recovered.
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If Bitcoin can break through 103826 at the hour level, look up to 104669-105277. As long as Bitcoin can return above 103826, it indicates that Bitcoin still has upward momentum.
Be cautious of a 2b false breakout at 105917, short one if it breaks, and set a stop loss if it stabilizes above 106794.
Conservative players wait: buy at 100335, stop loss if it breaks below 99052.
At the daily level, Bitcoin is brewing an M-head pattern, and it has not yet broken below the neck line marked in the chart, so bulls are temporarily safe.
Once it breaks below the neck line marked in the chart, think about the consequences of forming the M-head at the daily level.
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Resistance above: 103860-104636-105277
Support below: 103050-101419-100698
If the 4-hour level drops below 102400, look for target positions below: 101562-100345. As long as the previous low of 100345 for Bitcoin does not break, there is still a chance for a rebound.
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$ETH thoughts:
The second coin has broken through 2496 with volume; buy on the right side to catch the rebound, and set a stop loss if it drops back.
If it breaks below 2465 with volume, short on the right side and manage your stop loss well.
If it pulls back to 2435, confirm the support is valid and take an additional long position; set a stop loss if it drops below 2400.
The second coin at the hour level can break and stabilize above 2507, looking up to 2550-2590. If it cannot get above 2507, there's no need to look upward anymore.
Above the second coin, pay attention to 2550 for a short position; set a stop loss if it breaks above 2590.
Left side orders: long at 2348, stop loss if it breaks below 2310.
Look at the 2-hour level for the second coin; it's really nice. In recent days, many students are seeing the second coin going to 3000 again, feeling like they've missed out a lot. Now that the second coin is giving you a chance, go for it!
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Resistance above: 2484-2500-2550
Support below: 2391-2347-2313
If the 4-hour level closes below 2435, look down to 2380-2313; if 2380 is broken, then basically the second coin is in trouble again.
Pay attention to risks, meeting adjourned.
$BTC