6.21 Crypto Mr. Coin: Bitcoin (BTC) Market Analysis Reference

Bitcoin tested the resistance at the 106500 level multiple times in the afternoon but failed to break it. Later, from the evening to early morning, the market reversed and experienced a strong pullback, quickly breaking the double support at 103500. After the range broke down, it started to decline, and it has already fallen below the previous low. If it breaks down again, there is a risk of further downward testing in the future.

Currently, the coin price has slightly rebounded to above 103000. The short-term resistance to watch is the 4-hour mid-axis at 104500 and the daily mid-axis resistance at 105800. If the rebound cannot break through, the oscillating downtrend will remain unchanged. It is recommended to focus on short positions during the rebound.

6.21 Bitcoin Short-term Reference:

Downward testing entry point 105800-104500, stop-loss at 107300, target below 104000,

Upward testing entry point 101500-102500 long, stop-loss at 500, defense at 100500, target above 103300,

6.21 Crypto Mr. Coin: Ethereum (ETH) Market Analysis Reference

Ethereum is influenced by the overall market, and the price has broken down and is moving downward. Currently, it has rebounded to around 2367 after hitting a low. After being blocked during the intraday rebound, the short-term trend has started to weaken. If it breaks below the 2400 position, the price is expected to continue towards the 2300 level, with the short-term market entering a downward oscillation. The upper resistance to watch is around the 2510 position.

A series of bearish candles have appeared on the 4-hour level, and after the latest K-line dipped to 2367 and rebounded, it formed a long lower shadow, indicating strong buying pressure below 2400. The daily level has seen three consecutive days of bearish closes, breaking below EMA7 (2516) and EMA30 (2518). MACD: The 4-hour level DIF and DEA are diverging below the zero axis (-18.5/-15.3), and the daily MACD histogram has turned from positive to negative (-59.7), indicating an increase in bearish momentum. EMA: The price has fallen below the 4-hour EMA30 (2531) and EMA120 (2556), and the daily EMA7 has crossed below EMA30, forming a death cross. Overall, the short-term trend is turning weak, and it is recommended to focus on short positions during the rebound, while new lows can be tested with light positions.

6.21 Ethereum Short-term Reference:

Downward testing entry point 2535-2485, stop-loss at 2700, target below 2450,

Upward testing entry point 2305-2355, stop-loss 30 points, target above 2400,

Article transmission may be delayed, strategy suggestions are for reference only, market conditions change rapidly, regardless of how high the judgment and grasp of the market are, stop-loss and take-profit must be managed well for safety #ETH #BTC #ETH🔥🔥🔥🔥🔥🔥 #加密概念美股