June 23 Morning BTC/ETH Analysis:
Don't guess the bottom in a big drop; if you catch the bottom, the institution will take your money!
Affected by the increasingly intense contradictions in the international situation, Bitcoin has fallen below the 100,000 mark, and the daily chart shows an M shape moving towards the bottom. The weekly K-line double top pressure is starting to show its form. Will there be a repeat of the historical events of 2021?
Currently, Bitcoin is in a recovery stage after a pullback, with resistance at 1014 during the day. If the four-hour close can stay above this position, the weekly K-line will not present an inverted shape; otherwise, the market will still have room to drop. Support is at 99,200-98,000.
BTC: Fluctuating around 1010-1016, with a stop-loss of 800 points and a target of 99,200-96,500.
Ethereum is performing strongly, rebounding from daily support at 2116. Pay attention to the resistance at 2307 during the day. If the four-hour level can break and stabilize, the upward trend can continue. Support is at 2182-2154-2113.
ETH: Fluctuating around 2256-2243, with a stop-loss of 40 points and a target of 2182-2113.
Pay attention to Liu Bei, like first and then see; earning U over ten thousand!
