Bitcoin has been fluctuating up and down since early morning, but has not broken through the upward resistance level. Currently, the bullish side is still somewhat weak, but its candlestick has closed above 1045, indicating an upward trend. Near the upper levels of 1055 and 1056, one could consider taking a short position, but in my opinion, I still don't have a favorable view on going short. Although the bulls are relatively weak now, it has not fallen below around 1025, proving that there is still buying support below.
Currently, Bitcoin is oscillating back and forth between the prices of 1049 and 1045. If we want to go long, we should enter with a light position and then add a position near 1028, with the final stop-loss level near 1013. If it falls below the 100,000 mark, we must stop-loss.
Today is June 19th, 11:30. From the bullish perspective, there is still an upward trend, but the bulls are currently relatively weak. If we want to trade, we should do so with a light position, and above, we should focus on observing near 1055 and 1056. If it breaks above this recent key resistance level, we can set a breakeven stop for our long position and continue holding it, as I still have a positive outlook on its subsequent market movement.
Currently, Ethereum has been consolidating between 2800 and 2400 since May 10th for over a month. Its fluctuations have been quite tortuous. From the current market perspective, the range from 2420 to 2440 is a good position to go long on contracts. If entering here, the stop-loss position is below 2360.
Currently, it has been consolidating for almost six weeks. I firmly believe it will rise above 2580 and then attempt to break through 3300. So, brothers, don't panic if you're stuck. From a long-term perspective, stop-loss if it breaks, and hold on if it doesn't.
Now let's take a look at Sui Sui. After five weeks of decline, it has now fallen to around 2.7 and started to rebound at 6 PM yesterday, reaching around 2.85. Its upper resistance area is around 3.01. Now is a good time to build a position, with the price around 2.84. Looking up, 4.0 is not a problem at all. Brothers, let's go for it in the market. Our capitalists' scythes will absolutely not disappoint us; they will only swing above those bears' heads.
Bullish team, keep it up!!!
