6.17 BTC/ETH Market View:

I have seen friends asking Zhong Liang how to operate today. My personal view is still to focus on short positions. However, at the current price, Bitcoin at 107,000 is not very easy to operate. The pullback has found support at the lower Bollinger band on the hourly chart around 106,000, with resistance at the middle band around 107,500. For the market to go up, it first needs to break through this resistance. Looking at the 4-hour level, the pullback has not yet tested the middle band support around 105,800, so for the price to go down, it needs to break below this level. On the daily K chart, the Bollinger bands are narrowing, and the price is still operating above the middle band. Last Friday's pullback low was close to the lower band support, followed by a rebound for correction. In the past few days, the pullback lows have also been rising, so shorting too early can lead to being trapped and unable to hold positions. The intraday bias for shorting is to participate at the upper band resistance area, which is around 109,500 and 110,500.

For Bitcoin, I first look for a rebound and decide on short entry based on the strength of the rebound. Below, I can look to long at 106,700 and 105,800, targeting 107,500, 108,500, and 109,500. Since the drop isn't too painful, there should be a rebound to induce buying, so the intraday strategy is to go long first and then short.

For Ethereum, personally, I want to participate in shorting above 2,600, close to 2,700. It is better to chase short if it breaks below 2,500. Focus on resistance at 2,640 and 2,750 above, and look to ambush shorts here.

Similarly, consider going long first intraday, with support at 2,540 and 2,490 below, aiming for 2,600, 2,640, and 2,750 above. #币安HODLer空投SPK