Bitcoin and Ethereum market analysis on June 30: Bulls are ready to go, key positions are precisely laid out
Bitcoin: Breakthrough and stabilization, bulls dominate
The current Bitcoin price has broken through 108,400 and stabilized, showing that the bulls are strong. There is obvious pressure near 109,000 above. If the price can stabilize above 108,000 and break through 109,000, it is expected to hit 110,000 within the day. The short-term strong support is near 107,000. If the price pulls back to this level and stabilizes, it will be an ideal opportunity to go long. The market is currently in a bullish consolidation phase. There is no need to rush to chase more. You can wait for the price to confirm the breakthrough before intervening with a small position. If the price shows stagflation signals such as long upper shadows near 109,000 or 110,000, you can consider shorting, and the stop loss can be set near 110,500. Overall, Bitcoin is still in an upward trend, and a pullback is a good opportunity for layout.
Ethereum: After the dealer's wash, the bulls are about to counterattack
Ethereum experienced a brief spike to 2406 in the early morning today, and then quickly pulled up to above 2500. The dealer's intention to wash the market was obvious, but it did not change the bullish trend. At present, Bitcoin remains strong, and Ethereum has limited room for decline. The best entry point for intraday longs is in the 2475-2455 range. Today is the closing day of the monthly line. The opening price of Ethereum's monthly line is 2527. If the closing price can stand above 2550, it will further open up room for growth. The subsequent target can be seen in the 3300-3700 area. In terms of operation, it is necessary to avoid chasing highs and patiently wait for the signal of stabilization of the support level. At the same time, pay attention to whether Bitcoin stabilizes around 107,000-106,000 to confirm the overall market trend. #MichaelSaylor暗示增持BTC #币安Alpha上新 #美国加征关税