US stocks strengthen again, cryptocurrency prices are consolidating at high levels, cautious bears are coming! 6.27 Bitcoin Auntie's strategy
The US Q1 GDP was unexpectedly revised down, and the US dollar index fell below 97. However, Bessent requested Congress to remove the "899 retaliation tax clause", but the White House has no plans to extend the tariff suspension period beyond July 9. The decision is in Trump's hands. Yesterday, I advised everyone not to chase after the rise, and the strategy of shorting on rebounds perfectly matched the cryptocurrency price movement; shorts can profit a bit on Bitcoin by about a thousand points, and Ether by 50-70 points. Although the trend is somewhat sluggish, it can still be considered a reward for effort!
After three consecutive daily gains, today opened with a decline, with two consecutive days of long upper shadow candles. The Bollinger Bands are running smoothly. The KDJ three-line golden cross is diverging upwards, with the J line slightly slowing down. MACD has formed a golden cross, indicating signs of stagnation in daily prices, but the overall trend remains bullish! The four-hour indicators, however, are the opposite; the Bollinger Bands are severely narrowing, the KDJ three-line dead cross is diverging downwards, and the MACD double line has also turned downwards, forming a dead cross, with bearish momentum starting to show. The strong US stocks did not drive cryptocurrency prices up, so caution against bearish pullbacks is needed! Watch for resistance levels at 108300, 109000, and the 11 level, and support levels at 104500, 103000, 102000, 100800, 100000, and 98000. Maintain yesterday's short strategy throughout the day! Rebounds can continue to be ambushed!
6.27 Bitcoin trading strategy: Aggressive traders short one lot on a rebound at 107700-108000, add positions around 108500, defend near 109000, target 106000-105000-104500, and if it breaks, look at 104000-103500-103000, continue to break the position and move the stop loss based on the situation!
6.27 Ether trading strategy: Short on intraday rebound at 2460-2480, cautious traders enter at 2500-2530, defend near 2550, target 2400-2380-2350, and if it breaks, look at 2320-2300, continue to break the position and move the stop loss based on the situation!
Long position strategy: Enter long one lot on Bitcoin's pullback at 102000-102500, defend near 101500, target 103000-103500-104000, and if it breaks, look at 104500-105000.
Enter long one lot on Ether's pullback at 2280-2300, defend near 2250, target 2330-2350, and if it breaks, look at 2380-2400.
Although cryptocurrency prices are surprisingly firm, the pullback force is not strong. However, the overall trend has not made significant breakthroughs, and bulls seem a bit exhausted, so do not blindly chase after the rise for now; observe more if there are no good entry points! #香港加密概念股 #下一任美联储主席人选