Geopolitical risks intensify, cryptocurrency prices break below 103,000! 6.13 Bitcoin strategy

Israeli airstrikes on Iran, cryptocurrency prices this morning fell below 103,000, Ethereum also broke below 2,500. From this evening until now, Bitcoin has plummeted over 5,000 points, and Ethereum has dropped over 300 points. Last night, a long position strategy was suggested, slowly moving the stop loss, ultimately exiting with a small profit. Unfortunately, the short entry point was not good, and the opportunity to catch this pullback was missed!

The daily chart closed with a large bearish candle, and the bearish trend continued this morning, with Ethereum's drop exceeding 10%. It's been a while since we encountered such market conditions. Therefore, we expect a rebound during the day, but due to intensifying geopolitical risks and issues in California, the main outlook for the day is bearish! Key resistance levels to watch are 105,000, 106,500, and 107,500; key support levels are 102,000, 101,000, and 100,000.

6.13 Bitcoin trading strategy: Aggressive traders can enter long positions at the current price of 102,500-103,000; conservative traders can enter at 101,500-102,000, with a stop loss near 101,000 and a target of around 104,000-105,000. If broken, look for 105,500-106,000-106,500.

6.13 Ethereum trading strategy: Aggressive traders can buy at the current price of 2,450-2,470; conservative traders can enter at 2,410-2,430, with a stop loss near 2,380 and a target of around 2,530-2,550. If broken, look for 2,580-2,600.

Short position strategy: For Bitcoin, sell one contract at 106,500-107,000 during the rebound; conservative traders can enter at 107,500-108,000 with a stop loss at 108,500, targeting around 105,000-104,000-103,000. If broken, hold on for 102,500-102,000.

For Ethereum, sell one contract at 2,550-2,580 during the rebound; conservative traders can wait to enter at 2,630-2,650 with a stop loss at 2,700, targeting around 2,500-2,470-2,450. If broken, look for 2,430-2,400.

A significant drop must have a reason; the riots in California continue to escalate. Reports indicate that tomorrow's Trump parade will also stir things up, so everyone should not blindly chase the rise. Conan predicts there will be another wave of selling; everyone should be cautious when chasing the rise! #加密市场回调 #地缘政治风险