😉 June 28 afternoon market outlook. 😉
$BTC 's view:
The US stock market has reached new highs, and it's not unreasonable for Bitcoin to touch its previous high! Still watching the US stocks rise, they are driving the Bitcoin up.
Bitcoin broke through 107498 with volume, and the hourly closing price is above 107498, continue to chase longs on the right side, stop loss if it breaks.
106591 broke down with volume, unable to reclaim on the rebound, chase shorts on the right side, reclaim stop loss, and pay attention to volume changes, keeping a good stop loss.
106060 showed a false breakdown, reclaiming with a light long position, stop loss at the low of the false breakdown or below 105242, do not add more if it can't reclaim.
😉
Bitcoin's hourly level breaks 107232 and looks upward to 108006-109018; it must stand firm above 107232 to look upwards.
Those looking to short Bitcoin at high positions should be aware of a 2b false breakout at 109018 to short one position, stop loss if it breaks and stands at 109857.
For conservative traders: long at 104210, stop loss if it breaks 103296.
As long as Bitcoin is still operating within the bull flag channel at the hourly level, it indicates that the bullish trend has not been broken. Moreover, the hourly level shows multiple bottoms indicated by yellow arrows, repeatedly testing the lower boundary of the bull flag without breaking down. If you want to short, no one can stop you. As long as Bitcoin does not break below the lower boundary of the bull flag, I will keep looking bullish, just a matter of early or late break. If you can't wait for trades, then what are you trading for? You might as well screw screws without waiting; it’s unacceptable to do it slowly.
😉
Upper resistance: 107269-108042-109021
Lower support: 106353-105300-104210
At the 4-hour level, if 106346 breaks down, look downward to 105133-104040.
Some students say drawing lines is useless; it’s just that you don’t know how to draw, so you can’t say it’s useless. I say eating is also useless because you still have to go to the restroom.
😉😉😉😉😉😉😉😉😉😉
$ETH 's thought:
Ethereum broke through 2426 with volume, chase longs on the right side, reclaim stop loss.
2406 broke down with volume, chase shorts on the right side, keep a good stop loss.
Pullback to 2365 confirms the support is valid, light long position, stop loss if it breaks 2325.
Ethereum's hourly level can look upward to 2463-2503 if it stands firm at 2436.
Watch for a short position at 2503, stop loss if it breaks 2547.
Left side order: long at 2314, stop loss if it breaks 2278.
😉
Upper resistance: 2430-2463-2503
Lower support: 2406-2365-2314
At the 4-hour level, if 2377 breaks down, look downward to 2347-2315.
Ethereum's hourly level has always been suppressed by this trend line; as long as it can break this trend line, Ethereum will welcome its shining moment and then disband.