【6.22 Market Analysis】Strong Uncle's Guide📌

BTC Market Analysis and Strategy

The current price of Bitcoin is around $102,760, which has recently dropped significantly, falling nearly 1% in the past day, with a low of $100,837. From the trend perspective, it is clearly moving downward, with a nearly 2% drop over the past week and more than 7% over the past month.

Currently, there are more people wanting to sell than buy in the market, and technical indicators also show a poor market condition. The support level is crucial, with $100,800 being an important short-term support. If it breaks below this level, it could likely drop to the psychological level of $100,000; the resistance level is around $103,500, where there is moving average pressure. In terms of operation, it is suggested to wait for the price to rebound to $103,200 - $103,500 to attempt a short position, with a stop-loss set at $104,000 and a target price of $101,000 - $100,500; if the price breaks below $100,800, a short position can also be taken.

ETH Market Analysis and Strategy

Ethereum (ETH) is currently priced at 2,270.89 USDT, with a 24-hour decline of 6.80%, which is significantly higher than the BTC decline, leading the market down. The cumulative decline over the past 30 days has reached as high as 14.80%, having broken below the critical support level of 2350 USDT, and is in a state of deep overselling. Although it seems that a lot of people want to buy now (accounting for 71.97%), the overall trend is still downward, which could be a trap.

In terms of support levels, $2,250 is a key psychological threshold, and below that is $2,150 (the low point in April 2025); the resistance level is between $2,350 - $2,400, where the original support has now turned into resistance. The operational suggestion is that aggressive friends can try to buy at the current price of $2,270 with a small position, setting a stop-loss at $2,240, and taking profit quickly (target price $2,350); however, the overall direction still suggests going short, waiting for the price to rebound to $2,350 - $2,380 to short, with a stop-loss set at $2,420 and a target price of $2,200 - $2,150; if the price breaks below $2,250, a short position can also be taken. #波段交易策略