6.18 Wednesday Evening Bitcoin and Ethereum Market Analysis and Trading Suggestions:
The evening market shows key trend change signals, with a rebound momentum continuing after a price spike. At current highs, short positions can be set up, while caution is advised for trend reversals after breaking through resistance.
1. Market Review and Momentum Analysis
The evening market welcomes a critical trend change window, with Bitcoin's price quickly dropping to around 103700, forming a "spike" trend, and subsequently rebounding on short-term support. The real trading team has seized long opportunities, achieving over 500 points in profits based on rebound momentum. From a technical perspective, the bullish momentum has not yet completely exhausted:
• Hourly Level: The Bollinger Bands are beginning to diverge, with the price stabilizing above the middle band, and short-term moving averages (5/10-day) showing a bullish arrangement, indicating that the bulls still hold the advantage;
• Volume Coordination: During the rebound phase, trading volume has moderately increased, indicating enhanced capital participation, but there is a dense area of trapped positions in the 104000-104500 range, which requires caution against selling pressure.
2. Trading Suggestions: Primarily short positions at high levels, with consideration for a reversal on breakthrough
The core logic of the current strategy: The price has reached short-term resistance, with technical signs of overbought conditions, allowing for short positions; if resistance is broken, then reverse to go long.
1. Bitcoin (BTC)
Short Entry: Focus on the 105000-105500 range to set up short positions
Target Price: 103500
2. Ethereum (ETH)
Short Entry: Set up short positions in the 2500-2530 range Target 2400
3. Risk Warning
• Cryptocurrencies are highly volatile, and strict stop-loss measures must be enforced (recommended position size not to exceed 5% of total capital);
• Pay attention to the Federal Reserve's policy statement in the early morning (if any), as macro news may exacerbate short-term volatility;
• Real-time trading should be adjusted based on current volume and major capital flows, and one must not blindly chase after price increases or sell off in downturns.#我的交易风格 #美联储FOMC会议 #币安HODLer空投SPK #币安Alpha上新 #Metaplanet增持比特币