🌪️June 25th noon market outlook.🌪️
$BTC 's view:
106079 has already broken through, whether it can hold is yet to be confirmed. 106079 is the dividing line for bullish and bearish positions in the major asset. If it can hold, it will continue to push upwards; if it cannot hold, it is very likely to go down as it came up.
The major asset will break through 106483 with volume, and if it closes above the hourly level entity closing price of 106483, we will pursue longs on the right side, with a stop loss on the break.
106148 breaks down with volume; if it cannot reclaim, we will pursue shorts on the right side, with a stop loss on reclamation. Pay attention to changes in volume and manage your stop loss well.
At 105269, a false breakdown occurs; reclaim with a light position for one more lot, with a stop loss at the false breakdown low or if it breaks 104631. If it cannot reclaim, do not go long.
🌪️
The major asset can break through and hold at 106591, looking to continue upward to 107932-108425. If it holds at 106591, the major asset will take off.
Students looking to short the major asset at high positions should note a 2b false breakout at 107970 to short one lot; break and hold at 108808 for a stop loss.
Conservative players should wait: go long at 104140, with a stop loss if it breaks 102910.
Why do we say that as long as the major asset holds above 106079, it will continue to rise? Please see the chart: because 106079 is the point of support and resistance exchange for the major asset. Breaking through resistance extends the rise, while breaking below support starts the drop.
So as long as it holds at 106079, the bulls will extend a wave of upward movement. As for how far it can rise, we will see as we go!
🌪️
Upper pressure: 106509-107286-107940
Lower support: 105230-104210-103331
At the 4-hour level, if 104676 breaks down, look downward to 103372-102278.
🌪️🌪️🌪️🌪️🌪️🌪️🌪️🌪️🌪️🌪️
$ETH 's thoughts:
The secondary asset breaks through 2467 with volume; pursue longs on the right side with a stop loss on reclamation.
2445 breaks down with volume; pursue shorts on the right side, managing a stop loss.
Re-test 2363 to confirm effective support and add one lot long; stop loss at 2332.
The secondary asset breaks through and holds at 2465; look upward to 2486-2506.
Watch for 2508 to give a short one lot; stop loss at 2545.
Left-side order: long at 2317, with a stop loss if it breaks 2287.
🌪️
Upper pressure: 2484-2510-2547
Lower support: 2415-2362-2317
At the 4-hour level, if 2380 breaks down, look downward to 2314-2270.
Looking at the chart, the secondary asset at the 2-hour level is forming a rounded top with a cup handle pattern. This is a bearish pattern; to break the deadlock, it must break through the upper boundary of the cup handle pattern to alleviate the downtrend risk, otherwise, the secondary asset is very risky. Meeting adjourned.