6.30 Monday Afternoon Real-Time Analysis and Trading Suggestions for Bitcoin and Ethereum

Looking back at the morning market, Bitcoin (BTC) experienced significant volatility, dipping to a low of 107975, followed by a rapid rebound by bulls to a peak of 108726. However, it has now retraced back to around 107600. Ethereum (ETH) also showed fluctuations, hitting a morning low of 2484 before starting to rise, peaking at 2522, but failed to break through the key resistance level of 2550 and is currently experiencing another pullback, hovering around 2460. This morning, our team successfully guided students to go long at the low, achieving nearly 700 points in profit through precise analysis.

From a deeper analysis of the current market, Bitcoin's rebound after reaching a high has not effectively stabilized above 108800, and the candlestick pattern has formed a bearish inverted hammer, usually indicating a market reversal. If the price breaks below the critical support level of 107500, bearish momentum may intensify, accelerating the test of the 106800 support. For Ethereum, the hourly MACD histogram is contracting, indicating a shift in the balance of power between bulls and bears, with bullish momentum gradually weakening; the RSI indicator is at 45, entering a weak zone, showing that the market is relatively weak in the short term with a clear need for a pullback. If the support level of 2450 is breached, Ethereum will open up downward space for further declines.

Overall, the afternoon market trend is crucial. In terms of operations, it is advised to take a bearish stance; do not blindly bottom-fish before key support and resistance levels are broken to avoid falling into market traps. Once the price breaks through the key resistance level, decisive action should be taken to follow the trend and capture the new market direction.

- Bitcoin: It is recommended to set short positions around 108300, targeting 106800, with a stop loss above 108800 to prevent losses from unexpected price increases.

- Ethereum: Consider entering short positions around 2490, targeting 2400, with a stop loss set at 2520 to control risks and prevent price rebounds from breaking the resistance level.