6.25 BTC/ETH Big Pie and Second Pie Highlights Analysis
Today's market greed and fear index is 48, the greed index has risen by 1 point compared to yesterday, and the market sentiment remains predominantly neutral. The total number of people in the market's 24-hour bao position is 77,000, with a total amount of 182 million dollars.
Looking back at the overall market situation: Yesterday, the old vine provided a low long direction in the research report, suggesting to enter long positions around 104,000 and near 2,380. The market's lowest point for the big pie yesterday was 104,500, which was not caught, while the second lowest point near 2,374 was perfectly caught. As of now, the big pie has rebounded by 2,000 points, and the second pie has rebounded by 60 points. Yesterday's overall trend rebound was concentrated after 11 PM during the US session, following Powell's comments on interest rate cuts leading to a rebound in market trends. Recently, the market has been fluctuating significantly due to news events, and attention remains focused on war-related news.
Today's key focus is on BTC big pie:
Resistance above is around 107,100 to 107,600 as the first and second resistance
Support below is around 105,600 to 104,800 as the first and second support
(Currently highly influenced by news events, there are strong intraday fluctuations, and the direction remains primarily low long trends. Make sure to set stop losses, placing them about 500 points below the second support. The big pie is currently in the middle position, and holding positions at the current price is not suitable for the long term. It is best to secure all positions for safety.)
Today's key focus is on the second pie ETH: 2,480 and 2,540 as the first and second resistance
Support below is at 2,420, down to 2,380 as the first and second support
(Similar to the big pie, pay more attention to war-related news, conduct intraday swing trading, with the weekly trend being a small long. Be sure to set stop losses, placing them about 40 dollars near the second support or resistance.)
Summary: As of now, the old vine still stands in the long camp, and the direction remains focused on low long trends for trading. In the short term, the target for the big pie remains between 108,900-110,000, after which we can gradually enter long positions for the long term, continuously adding short positions in batches. Although nominally the war has stopped, it is still necessary to defend for a while and pay attention to the latest news releases to avoid sudden attacks; otherwise, a sharp drop may inevitably reoccur.
