Lettuce Strategy for June 20, 2025
Review: Bitcoin and Ethereum have been sideways for 3 days, requiring new strength to guide the trend change. Bitcoin and Ethereum have closed below the moving average for 3 consecutive days on the daily chart, and are being pressured by the moving average on the 4-hour chart; the altcoin has shown 6 consecutive doji candles near the moving average on the weekly and daily charts, indicating a very weak trend, and a bearish outlook is expected.
Bitcoin is oscillating in the range of 103500-105500, with no clear direction in the smaller time frames; the 4-hour moving average is in a bearish arrangement, indicating a bearish trend. A bullish breakout above 105500 can be chased, while a bearish breakdown below 103500 can also be pursued.
The recent trend of the altcoin is influenced by Bitcoin, and a trend change is imminent; if the price falls below 2470, a short can be pursued, and if it breaks above 2540, a long can be chased. The altcoin's trend is relatively weak, and attention should be paid to whether Bitcoin will make a significant move first.