Analyst Liang Qiu: 6.18 Bitcoin/Ethereum Wide Fluctuation Pay Attention to Market Conversion
Bitcoin/Ethereum's market yesterday dropped rapidly from the early morning high to 103300 and 2450 in the evening. There is certain support around 103000 and 2450 in the short term. We laid out the strategy again last night around 103500 and 104000, and the pullback strategy around 2460 to 2480. The market also surged to 105300 and around 2542 in the early morning, overall achieving good space.
Currently, the market is fluctuating upwards, and there is still some upward repair space expected during the day. However, the daily MA moving averages have already broken, and all moving average indicators have turned downwards. The upper pressure is at the 7-day and 10-day moving averages around 2550 to 2580 and 106000 to 106500. During the market rally, it is advisable to enter in batches. From the four-hour level, it is currently also in a rebound, but it is about to reach the previous multiple sideways areas, so pay attention to the upper pressure situation. The short-term support at 103000 and 2450 remains effective.
Operating Suggestions BTC: Enter around 105400 to 106000, target around 103000; ETH: Enter around 2540 to 2560, target around 2470.
[The above analysis and strategy are for reference only. Please bear the risks yourself. The publication of this article does not have timeliness, and specifics are subject to real-time conditions] #GENIUS稳定币法案