6.23 Monday Morning Bitcoin and Ethereum Latest Market Analysis and Trading Suggestions:
Good morning everyone in the new week!
Looking back at midnight, Bitcoin first declined, strongly probing down to a low of 98115 before stabilizing, and then starting a volatile rebound, currently reaching a high of 100885. Ethereum followed Bitcoin's trend, dipping down to a low of 2111 before rebounding, currently hitting a high of 2235 in the early morning.
From the current market perspective, after a round of downward movement in the four-hour price level, bulls have pushed for a rebound, which has now risen above the lower Bollinger Band, but the overall structure is still operating within a clear downward channel, and the rebound momentum has exhausted. The MACD indicator's dual lines continue to operate below the 0 axis and have not yet issued a clear trend reversal signal. In the morning operations, Qianyu continues to maintain a high short strategy. If the rebound is successful and stabilizes, then change the strategy; it is better to miss the rebound than to go against the trend. Under the bear's claw, surviving is the key to winning!
Monday Morning Strategy:
Short Bitcoin near 101500, target 98500.
Short Ethereum near 2250, target focus on 2150. #比特币跌破十万美元