Analyst Chen Shu: The fluctuation range narrows on June 16, pay attention to the breakout direction, midnight market analysis/with trading strategy
Market Analysis: Bitcoin maintained a range-bound adjustment over the weekend, overall staying within the 10.6-10.45 range. Pay attention to the subsequent price breakout direction; if it breaks upwards through the 10.6-10.65 price range, the short-term trend will return to bullish. Conversely, it will retest the 100,000 psychological level. As for Ethereum, the fluctuation range is 2600-2480. The daily line has been closing in the red continuously. If it cannot break through the 2600-2650 price range in the short term, it will maintain a weak fluctuation. Focus first on the breakout direction.
Trading Strategy (Published at: 01:00):
BTC: Short at 10.6, add to shorts at 10.66 on rebound, target 10.5/10.45; Long at 10.48/10.4 below, target 10.55/10.6
ETH: Short at 2570/2630, target 2520/2470; Long at 2470/2430 below, target 2550/2600
The daily analysis strategy has a very high win rate! Analysis is not easy, hope everyone can give a free follow, collect, like, and comment. Thank you all, and feel free to leave comments below; I will reply one by one! $BTC