6.27 Midnight Market Analysis and Trading Suggestions
In the cryptocurrency wave, fluctuations are the norm; don't panic during a crash, and don't lose your direction during a surge. During the lows, settle down, review strategies, and enrich your understanding, turning pressure into nourishment for improvement; during the highs, stay clear-headed, restrain greed, and strictly adhere to discipline, so that temporary victories do not cloud your judgment. Firmly hold on to your conviction in the trend, believe in the cyclical nature of the market, and remember that every fluctuation is a step towards your goal. Crossing through bulls and bears, enduring the darkest moments, you will eventually reap your own brilliance!
The market for Bitcoin peaked at 107735 in the afternoon, then retraced to a low of 106375, where bulls suddenly exerted strength, pushing the price up to 107473, and then operating in the range of 107600. The market for Ethereum essentially mirrored Bitcoin's market, retracing from a high of 2463 to 2414, and then bulls pushing it to 2445, with the current price operating around 2440.
From the indicators, after the price dipped to 106375.25, it rebounded, with the KDJ indicator K, D, and J lines diverging upwards and forming a golden cross, releasing short-term bullish signals; the trading volume increased after the decline, indicating enhanced capital support. In the BOLL band, the price rebounded from near the lower band and is trending towards the middle band; if it can stabilize and break through the middle band, further upward space may open up, and short-term attention can be paid to the continuity of bullishness.
Bitcoin Strategy: Buy near 107000, target 108500
Ethereum Strategy: Buy near 2410, target 2500
