Lettuce Strategy on June 24, 2025
Market Review: Last night, the ceasefire between the U.S. and Iran allowed the crypto market to experience a deep V-shaped rebound, with Bitcoin returning to the oscillation range, while Ethereum reached the resistance near the moving average.
Recently, there has been a 5-win streak in trades, and internal classes have discussed the entry logic and the win rate of live backtesting entry signals, including details on trailing stop-loss and take-profit ratios, perfectly matching the market trends. Those who wish to learn alongside can click the homepage to enter the DingDing group!
Bitcoin's deep V reversal surged from 99,500 directly to a maximum of 106,000, an increase of over 6%. It is currently entering a range of oscillation and has not yet diverged; there will likely be another upward push, expected to face resistance and decline around 106,500. Investors should prepare accordingly as the overall market trend remains bearish. The rapid rise on the news lacks sustainability, so please be cautious and maintain stop-losses.
Second Resistance: 107,500
First Resistance: 106,500
First Support: 102,600
Second Support: 99,600
Ethereum surged from 2,180 straight to around 2,430, reaching the neckline resistance of the decline. The market will either create a top formation or diverge next. A small class yesterday provided members with a simulation, indicating that the market will test the pressure at the neckline position before turning bearish. Left-side traders can consider shorting around 2,480, while right-side traders should wait for the formation to develop before entering. Short-term news will not change the overall pattern.
Second Resistance: 2,480
First Resistance: 2,440
First Support: 2,294
Second Support: 2,208
