6.14 Market Operation Suggestions:
Bitcoin Perspective:
$BTC Currently, from the daily chart, the market is still in a large range of fluctuations. From the 4-hour chart, it is still in a downward trend. From the 1-hour structure, the downward trend on the 4-hour chart has not yet ended, as the 1-hour is currently in a downward 4th wave rebound. Since the 3rd wave does not have a bottom divergence, it is highly likely that there will be a 5th wave occurrence later. Therefore, today’s and yesterday's analysis is the same; we can only continue to short in the small time frame, following the trend.
Today's Strategy:
Around 106000 Short at the top divergence on the 15-minute (5-minute) chart.
ETH Market Perspective:
$ETH From the daily chart, the market has returned to a large fluctuation market. From the 4-hour chart, it is still in a downward trend. From the 1-hour structure, the downward trend on the 4-hour chart has not yet ended, as the 1-hour is currently in a downward 4th wave rebound. Since the 3rd wave does not have a bottom divergence, it is highly likely that there will be a 5th wave occurrence later. Therefore, today’s and yesterday's analysis is the same; we can only continue to short in the small time frame, following the trend.
Today's Strategy:
Between 2700-2650 Short at the top divergence on the 15-minute (5-minute) chart.