June 28 Pancake/Concubine Early Morning Thoughts
From the current technical analysis of the market, the four-hour K-line channel has clearly shown a converging pattern. Considering the light trading volume on Saturday and the predominance of oscillating market conditions, it is expected that the market fluctuations during the early morning period will continue to show a narrow consolidation trend. Investors are advised to seize opportunities for high selling and low buying:
Pancake: Flexible operations can be conducted in the 1065 - 1080 range, with light short positions at high points and setting up long positions after stabilizing at support levels.
Concubine: Focus on the 2400 - 2460 range, with a suggestion to build long positions in batches at the lower end of the range and take profits near the upper end. $BTC #加密市场回调 $ETH