Zhi Ming Evening Watching Dosi Road Destiny
Will definitely reach the top and overlook all the mountains
6.25 Zhiming Evening Analysis and Suggestions
The afternoon market strongly surged upward, with Bitcoin gradually rising during the Asian session. The market rebounded from around 105950 after a midday pullback, breaking the previous high resistance level of 106800, then continued to provide bullish continuation and broke through the 107000 mark in the evening. Currently, the market is fluctuating near 106900 after a pullback. Ethereum has shown a completely different trend compared to Bitcoin today. While Bitcoin continues to test the resistance above, Ethereum has shown weakness after rebounding from its high point. Currently, the lowest point on the platform has pulled back to around 2400 and has stabilized somewhat, but the overall trend remains weak. Zhiming suggested partners to consider shorting based on Bitcoin's performance at 1500🔪
From the current platform perspective, the daily line has three consecutive positive candles standing firmly at the middle track, breaking through the resistance of previous highs and showing a strong bullish upward pattern. However, it is still under pressure from previous highs. Additionally, based on the current heat map, the upper high points of 108000-109000 lack certain liquidity and have not yet been filled. The short-term rebound expectation peaks at the 108000 mark, while the current resistance level's pressure above has risen to the 107500 mark. When the market rebounds to the high of 107500, consider entering a short position to look for a deeper pullback. Looking at the four-hour chart, the K-line continues to have consecutive positive candles and is simultaneously testing the upper track. It has not yet broken further, indicating that there is still some upward space in the short-term market, and consider a pullback after reaching the peak.
Zhiming's Recommendations
Bitcoin around 106700-106200, target 108000-108500
Ethereum around 2400-2380, target 2440-2460
#Strategy增持比特币
The afternoon market strongly surged upward, with Bitcoin gradually rising during the Asian session. The market rebounded from around 105950 after a midday pullback, breaking the previous high resistance level of 106800, then continued to provide bullish continuation and broke through the 107000 mark in the evening. Currently, the market is fluctuating near 106900 after a pullback. Ethereum has shown a completely different trend compared to Bitcoin today. While Bitcoin continues to test the resistance above, Ethereum has shown weakness after rebounding from its high point. Currently, the lowest point on the platform has pulled back to around 2400 and has stabilized somewhat, but the overall trend remains weak. Zhiming suggested partners to consider shorting based on Bitcoin's performance at 1500🔪
From the current platform perspective, the daily line has three consecutive positive candles standing firmly at the middle track, breaking through the resistance of previous highs and showing a strong bullish upward pattern. However, it is still under pressure from previous highs. Additionally, based on the current heat map, the upper high points of 108000-109000 lack certain liquidity and have not yet been filled. The short-term rebound expectation peaks at the 108000 mark, while the current resistance level's pressure above has risen to the 107500 mark. When the market rebounds to the high of 107500, consider entering a short position to look for a deeper pullback. Looking at the four-hour chart, the K-line continues to have consecutive positive candles and is simultaneously testing the upper track. It has not yet broken further, indicating that there is still some upward space in the short-term market, and consider a pullback after reaching the peak.
Zhiming's Recommendations
Bitcoin around 106700-106200, target 108000-108500
Ethereum around 2400-2380, target 2440-2460
#Strategy增持比特币
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
107,676.55
+2.11%
ETH
2,425.55
-0.48%