6.30 Monday Afternoon Bitcoin and Ethereum Latest Market Real-time Analysis and Trading Suggestions

Looking back at the morning market, Bitcoin (BTC) showed strong volatility, dipping to a low of 107975 before bulls quickly rallied, strongly rebounding to a high of 108726. However, it has since pulled back to around 107600. Ethereum (ETH) also exhibited fluctuations in the morning, touching a low of 2484 before beginning to rise, reaching a high of 2522, but failed to break through the key resistance level of 2550 and is now facing another pullback, hovering around 2460. In the morning, our team led students to go long at low levels based on precise analysis, successfully capturing nearly 700 in profit.

From the current market analysis, Bitcoin's pullback after reaching a high indicates that the morning's rebound failed to effectively hold above 108800, and the K-line formed an inverted hammer bearish pattern. This pattern usually signals a reversal in the market, and if the price breaks below the key support level of 107500, bearish forces may further strengthen, accelerating the test of the 106800 support. For Ethereum, the hourly MACD histogram is shrinking, indicating a shift in bullish and bearish forces, with bullish momentum gradually weakening; the RSI indicator is at 45, entering a weak area, showing that the market is relatively weak in the short term, with a clear demand for a pullback. If the support level of 2450 is breached, Ethereum will open up downside space for further declines.

In summary, the afternoon market trend is quite critical. In terms of trading, we suggest a bearish strategy; do not blindly bottom-fish before key support and resistance levels are broken to avoid falling into market traps. Once the price breaks through key resistance levels, we should decisively chase the trend and align with the new market direction.

Monday Afternoon Strategy

• Bitcoin: It is recommended to place short orders around 108300, targeting 106800. The stop loss can be set above 108800 to prevent losses from unexpected price increases.

• Ethereum: You can enter short orders near 2490, targeting 2400. The stop loss should be set at 2520 to control risk and prevent price from rebounding and breaking the resistance level.