Coin Circle Liying: Short-term Bitcoin correction on June 26 may trigger explosive changes! Ethereum may face a significant pullback, intensifying fluctuations! Latest market analysis
The current price of Bitcoin is 107,150. Liying will first analyze the overall situation for everyone’s reference. Currently, the market is in a fluctuating upward trend, but signs of correction have appeared. The current price is near the short-term moving average MA7, and the upward momentum is weakening. Therefore, in the short term, Liying believes that the price may maintain a weak fluctuating trend. As the bullish momentum decreases, there is a possibility of further correction to the support level or near the middle band of the Bollinger Bands. However, the medium-term rebound trend is still present, and the overall upward pattern has not been broken. Finally, Liying suggests that cryptocurrency friends wait for a stop-loss signal to form near the support level before establishing long positions. If the price breaks below the important support level, caution is advised regarding a possible trend reversal and consider shorting on rallies.
Today's Liying point prediction
Long entry point 105,500, add long at 104,500, stop at 500 points, target 107,000
Short entry point 109,000, add short at 109,500, stop at 500 points, target 105,500
Ethereum analysis
The current price of Ethereum is 2,410. The market is overall in a fluctuating upward trend but is still in a consolidation phase. Key support and resistance levels are clear, and short-term indicators indicate adjustment pressure after a rebound. Therefore, in the short term, from the candlestick patterns and indicators, Liying shows that the market may enter an adjustment or fluctuation phase after a rebound. The overall momentum is showing a weakening trend, and there is a risk of pullback. Finally, Liying suggests paying attention to the performance near the key support level of 2,390. If the price stabilizes, one can attempt to participate in the rebound with light positions; however, strict stop-loss levels must be set to guard against further risks after the price breaks below the support. The market has not completely escaped the fluctuating consolidation pattern, and caution is still needed for false breakouts and adjustment risks in the short term. In terms of operation, a conservative strategy should be prioritized, controlling positions and reducing frequency is advisable.
Latest point reference
Long entry point 2,380, add at 2,350, stop at 30 points, target 2,500
Short entry point 2,470, add at 2,500, stop at 30 points, target 2,400
The above analysis is based on Liying's conclusions drawn from market data and trend analysis of the market and does not constitute investment advice. For family reference