Daily Market Update BTC.ETH 6.15

Good afternoon, brothers. The Bitcoin has rebounded after hitting a low around 104100 at night. Currently, it has reclaimed 105300 above, and we are looking at the potential to test the liquidity levels around 1075-1083 above. Short positions can be considered for entry at the higher levels.

At present, keep an eye on the 4-hour chart for Bitcoin not to break below 105300, as it will continue to test the levels of 106200-107500-108300. If it breaks below 105300, the rebound strength will weaken, and we will look for tests at lower levels of 104100-102600-101500 for potential rebounds. Short positions can be considered at 107500-108300.

As for Ethereum,

Currently, it is starting to rebound on a smaller scale, with a smaller resistance level above at 2550, and a 4-hour support below at 2480. If it does not break below 2480, it will continue to test 2550-2585-2620; if it breaks below 2480, it will test lower levels of 2435-2380-2335. Short positions can be considered at 2585-2620.

In terms of daily operations,

For Bitcoin, look to short at 1075-1083 and wait.

For Ethereum, look to short at 2585-2620 and wait.

From the liquidation map, there is a degree of predatory behavior above 108. Combined with the current market trends, a breakout is imminent. If the short position at 105300 fails, promptly stop loss and adjust position accordingly.

Go with the trend!

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