6.16BTC/ETH Market Perspective:

The market is fluctuating back and forth. Friends trading short-term over the weekend likely feel quite shaken, with no clear profit pattern emerging, as both bulls and bears have opportunities. Personally, I lean towards a bearish outlook, as we have a double top on the weekly chart, and we must be cautious of the risk of a pullback!

Bitcoin's weekly chart shows a long upper shadow and a doji candle, following last week's long lower shadow and bullish doji. From a higher perspective, there is a significant probability that this week will see a downward pullback, with a strong chance of a second bottom. The daily chart’s Bollinger Bands show that both the upper and middle bands are opening downwards, and the price has been under pressure from the middle band for several days. However, the low points of the pullbacks are rising, creating some ambiguity, giving bulls the impression that the pullback is weak and there is an upward trend with higher lows. Yet, the resistance from the middle band has not been broken, which results in a large divergence between bulls and bears. However, at any given time, the market never entirely favors one side; there will always be two opposing voices. Bulls have their reasons, and bears have theirs. Therefore, strictly control your position size, participate tentatively according to your own thoughts, and validate your strategies without being influenced by external factors!

On the daily chart, the MACD shows bullish momentum, the KDJ is in a death cross and moving downward, and the RSI is turning down. I personally believe that bears hold the advantage and there is a need for a pullback. In terms of operations, focus on entering high short positions, with resistance above at 106000, 107000, and 108000. Short positions should be entered around these levels, aiming for targets below at 105000, 104000, and 102500.

Ethereum's weekly chart has seen 5 consecutive weeks with long upper shadows, despite alternating between bullish and bearish weeks. The daily chart shows a pullback after peaking at 2879, and has rebounded after nearing the lower band support, but has faced pressure from the middle band for the past two days. On the 4-hour chart, the Bollinger Bands are severely contracted, with the upper band moving downward and the lower band rising. It remains to be seen how the market will break out.

In terms of operations, focus on entering high short positions, with resistance above at 2580, 2610, and 2640. Short positions should be laid out around these levels, aiming for targets below at 2530, 2480, and 2430.

In a time of conflict, the market is extremely susceptible to sudden news, making all pressure and support levels, as well as all candlestick analyses, seem inadequate and powerless in the face of news. Therefore, always trade lightly, leverage wisely, set proper stop losses, and avoid being overly emotional! #以色列伊朗冲突