Evening Market Analysis and Trading Suggestions on June 27
In the cryptocurrency world, price fluctuations are like torrents rushing forward; trying to resist the tide will only result in being crushed by the wave. Wise investors know how to be boats flowing with the current, using the wind to sail during uptrends and anchoring for safety during downtrends. Trends never wait for people to be ready; only by following the trend can one navigate towards a distant shore in a volatile market.
Currently, the price is fluctuating within a range, trading around 107000.
From a technical perspective, at the 15-minute level for BTC/USDT, the price has broken below the middle Bollinger Band, with the BOLL opening trending downwards. The KDJ indicator shows the K and D lines diverging downwards, and the J line is weakening. The trading volume (VOL) has not effectively increased, indicating insufficient bullish momentum. Although there are slight fluctuations currently, the overall trend is under pressure. If the price cannot quickly recover the middle Bollinger Band, it is likely to continue descending. In the short term, opportunities for shorting can be considered if it tests previous low support levels.
Bitcoin Strategy: Short near 107500, target 106000
Ethereum Strategy: Short near 2460, target 2380
