6.27 Midnight Market Analysis and Trading Suggestions
In the world of cryptocurrency, fluctuations are the norm. Don't panic during sharp declines, and don't lose your direction during rapid increases. In the lows, consolidate your strategies and enrich your understanding, turning pressure into nutrients for growth; in the highs, stay clear-headed, restrain greed, and adhere strictly to discipline. Do not let temporary victories cloud your judgment. Firmly adhere to your confidence in trends, believe in the cyclical nature of the market, and remember that every fluctuation is a step towards your goals. By navigating through bull and bear markets and enduring the darkest moments, you will eventually reap your own brilliance!
Bitcoin's market peaked in the afternoon at 107735, then retraced to a low of 106375, where bulls suddenly surged, pushing the price up to 107473, and then it operated within the 107600 range. Ethereum's market moved similarly to Bitcoin, retracing from a high of 2463 to 2414, before bulls pushed it up to 2445, with the current price around 2440.
From the indicators, after the price dipped to 106375.25, it rebounded, with the KDJ indicator's K, D, and J lines diverging upwards forming a golden cross, releasing short-term bullish signals; trading volume increased after the decline, indicating stronger capital support. In the BOLL band, the price rebounded from near the lower band and shows a trend towards the middle band. If it can stabilize and break through the middle band, there is hope for further upward space, and in the short term, attention can be paid to the continuation of bullish momentum.
Bitcoin Strategy: Buy near 107000, target 108500
Ethereum Strategy: Buy near 2410, target 2500
