6.15 Early Morning Bitcoin and Ethereum Market Analysis and Trading Ideas
In the afternoon, I provided a bullish outlook. Although the market fluctuated slightly, it still experienced a slight decline, testing the lower support levels. Currently, the short-term support level at 104000 remains quite solid, and the long-term support level at the 100000 threshold continues to be strong. The weekend market feels like a frog in warm water, testing market sentiment.
Currently, the market's pressure level is around 105400. Long positions can pay attention to this pressure level. If it breaks this pressure level in the one-hour closing, the market could continue to rebound, with the next pressure level around 106000.
Bitcoin: 104500-104000, looking at 106000-106500
Ethereum: 2505-2480, looking at 2550-2580
