6.23BTC/ETH Market Perspective:
Bitcoin dropped to a low of 98100 in the early morning before rebounding, with the current price around 100100. The 100,000 mark is still not that easy to break through; everyone is used to six-digit Bitcoin prices. Once it goes back to five digits, the psychological gap is huge, and buy orders are significant, pushing the price back up. The weekly candlestick formed a long bearish candle with equal upper and lower shadows, MACD bullish momentum continues to shrink, and KDJ has a death cross pointing downward, with bears in control. The daily candlestick is under pressure from the middle band, resulting in four consecutive bearish candles. Last night, the price temporarily fell below the lower support, and currently, the lower band is opening downward. MACD bearish momentum continues to increase, and RSI is trending downward. In the short term, on the 4-hour chart, the rebound has not yet touched the middle band resistance. On the hourly chart, the price is rebounding with support at the lower band, and the current price is above the middle band. For intraday trading, focus on short positions!
For the intraday short term, the upper resistance levels to watch are 102000, 103000, and 104000. Short positions should be set around these levels, with short-term targets looking down at 101000-99000-97500, and mid-term targets at 95000 and 93500.
For Ethereum, the upper resistance levels to watch are 2280, 2320, and 2380, while the lower targets are 2230, 2180, and 2120, with mid-term targets at 1850 and 1750.
The market volatility is significant, so be sure to strictly control your position, reduce leverage, participate with light positions in batches, and remain patient, gradually taking profits! Don't always try to hit it big right away; risk and profit will always coexist! #加密市场回调
Bitcoin dropped to a low of 98100 in the early morning before rebounding, with the current price around 100100. The 100,000 mark is still not that easy to break through; everyone is used to six-digit Bitcoin prices. Once it goes back to five digits, the psychological gap is huge, and buy orders are significant, pushing the price back up. The weekly candlestick formed a long bearish candle with equal upper and lower shadows, MACD bullish momentum continues to shrink, and KDJ has a death cross pointing downward, with bears in control. The daily candlestick is under pressure from the middle band, resulting in four consecutive bearish candles. Last night, the price temporarily fell below the lower support, and currently, the lower band is opening downward. MACD bearish momentum continues to increase, and RSI is trending downward. In the short term, on the 4-hour chart, the rebound has not yet touched the middle band resistance. On the hourly chart, the price is rebounding with support at the lower band, and the current price is above the middle band. For intraday trading, focus on short positions!
For the intraday short term, the upper resistance levels to watch are 102000, 103000, and 104000. Short positions should be set around these levels, with short-term targets looking down at 101000-99000-97500, and mid-term targets at 95000 and 93500.
For Ethereum, the upper resistance levels to watch are 2280, 2320, and 2380, while the lower targets are 2230, 2180, and 2120, with mid-term targets at 1850 and 1750.
The market volatility is significant, so be sure to strictly control your position, reduce leverage, participate with light positions in batches, and remain patient, gradually taking profits! Don't always try to hit it big right away; risk and profit will always coexist! #加密市场回调
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BTC
101,569.99
+1.93%
ETH
2,277.76
+4.00%