Analyst Chen Shu: 6.27 Short-term High Position Fluctuation Focus on 10.6, Midday Bitcoin and Ethereum Market Analysis Strategy
From the daily chart, Bitcoin closed with a small green candlestick yesterday, the price once again reached the high point of 10.8 but failed to break through directly. The daily chart still maintains a bullish trend, with support below at the MA30 daily moving average of 10.55. On the 4-hour chart, a slight pullback has occurred, with a focus on the MA256 daily moving average support at 20.6. This level can be seen as the dividing line between long and short positions in the short term. If this level is broken, a pullback will occur; otherwise, it will continue to maintain a high position fluctuation.
Looking at Ethereum from the daily chart, it closed with a green candlestick with an upper shadow yesterday, and the price fell to the MA30 daily moving average of 2400 before stopping the decline. Currently, the price has again stood above this level in the short term, with a resistance level at the MA30 daily moving average of 2520 and support at 2420. First, we should observe the breakout situation in this range. On the hourly chart, the short-term movement mainly fluctuates around the MA256 daily moving average of 2430, focusing on the gains and losses at this level.
Midday Operation Strategy (Drafting Time: 13:30):
BTC: Buy at 10.6, add to long positions at 10.5 on pullback, target 10.7/10.8; Sell at 10.8/10.9 looking at 10.6.
ETH: Buy at 2370, add to long positions at 2320 on pullback, target 2450/2500; Sell at 2500/2550 looking at 2480/2430.
Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, favorite, like, and comment. Thank you all, and feel free to leave a message below for discussion, I will reply one by one! $BTC