6.19 Range Fluctuation Focus on Breakout Direction, Midday Bitcoin and Ethereum Market Analysis Strategy
From the daily chart of Bitcoin, it closed yesterday with a small red doji star, with overall price fluctuations being minimal. The short-term resistance level still focuses on the daily MA30 moving average at 10.65, while the support level focuses on the MA60 moving average at 10.26. On the 4-hour chart, there is dense resistance at 10.56. The short-term focus is on whether the price can break through and stabilize above 10.56. If it stabilizes, the short-term will extend to 10.65; otherwise, it will look to retrace to the 10.26 level.
Looking at Ethereum from the daily perspective, yesterday it closed with a small red doji star. The short-term resistance level is the daily MA30 moving average at 2570, and the support level first focuses on the previous low point of the range at 2400. On the 4-hour chart, the short-term resistance level is the MA256 moving average at 2540, with dense resistance above at 2540/2570/2600/26600. The short-term focus is on whether the price can break through and stabilize above 2570.
Midday Operation Strategy (Drafting time: 14:00):