6/30 Morning Market Report #BTC #ETH
Woken up by a take-profit alert this morning, sharing market analysis in advance. Last week, both BTC and ETH long positions were generally profitable, but the market was oscillating in a range.
BTC: Daily MACD energy bars above the zero line, fast and slow lines golden cross. Around 108350 is a resistance level, previously suggested to reduce long positions, with a stop-loss to ensure cost recovery. Today, focus on low longs around 107770, 106800, 106500, and 10500, with targets looking towards 108350, 108990, and 110700. Upon reaching the targets, one may reduce positions and continue to speculate.
ETH: The low long positions suggested last week have all been validated. Around 2509 is a key resistance level; it is recommended to reduce long positions here and maintain positions with a stop-loss for cost recovery. Today, pay attention to the resistance at 2509; if it stabilizes, it can be pursued. For a more cautious approach, ambush low longs around 2450, 2420, and 2360, with targets at 2509, 2612, 2755, and 2800. Upon reaching the target, reduce positions while ensuring cost recovery for speculation.
Note: The levels are subject to real-time changes influenced by market conditions and news, with deviations of ±5 points for Ethereum and ±100 points for Bitcoin.
