June 30 Morning Bitcoin and Ethereum Market Analysis and Trading Strategy

Life does not have absolute perfection, but the pursuit of perfection itself is the most vivid interpretation of the value of life. In the ever-changing cryptocurrency market, accurately analyzing market trends is also an unremitting quest for the art of investment. Looking back at last night's market, Bitcoin quickly rebounded after hitting the key support level of 107233, reaching a high of 108225 during the session; Ethereum also found effective support at the 2506 point, then climbed to a high of 2517, with the trend highly consistent with previous predictions, powerfully validating the rebound logic after a technical correction.

From the perspective of technical indicators on the 4-hour level, the current market's bearish signals are very obvious, facing strong downward pressure overall. The KDJ indicator shows the three lines diverging downwards, with the J value approaching the edge of the oversold area, issuing a strong short signal; in the MACD indicator, after the dual lines formed a death cross above the zero axis, they continue to extend downward, with the green momentum bars continuously increasing, further solidifying the dominance of the bears. Looking at the Bollinger Bands indicator, the price is currently being suppressed near the upper band, and in conjunction with the inertia of the price movement within the channel, there is a very high possibility of the price retreating to the middle or even lower band in the short term.

It is important to note that the current market liquidity is relatively low, which can easily trigger abnormal volatility such as "spike" movements. Moreover, as the monthly line for June 30 is about to close, frequent adjustments by institutions to restructure positions may further exacerbate market fluctuations. Considering various factors, it is expected that the morning market will mainly show a corrective trend.

Trading Suggestions:

- Bitcoin: It is recommended to open short positions near 108500, setting a stop-loss at 109000, with a short-term target price of 106500.

- Ethereum: You can enter short positions near 2520, setting the stop-loss at 2550, with a target price of 2420. It is essential to strictly implement the stop-loss strategy during operations to guard against market risks.