June 30 Evening Bitcoin Market Analysis and Trading Suggestions

Real profits come from losing small 10 times and making a big gain once, rather than frequent gambling; all experts have faced liquidation, but winners rebuild their trading systems from the ashes. When others are torn apart by greed and fear, you are harvesting the market with rules and patience. Both bull and bear markets can become your cash machines, but the premise is—you must survive the next volatility cycle first. After fluctuating around 108500 in the afternoon, the price started to pull back, and the head made a direct effort, pulling the price down to our evening low of around 107300. Our bearish outlook from the afternoon was once again validated; how the levels were given? How they were entered? There are traces to follow, it’s not unfounded. In the afternoon, we also captured nearly 800 points of space on the short position, while Ethereum also gained nearly 50 points. Currently, the price is around 107600.

From the current market perspective, after a quick upward spike in the evening, it did not break the 108000 barrier. It is clear that this is currently a short-term resistance level. If the price stabilizes around 107500 with the opening of the US stock market tonight, we will see a significant upward movement. Conversely, if it breaks below the support level of 107000, the price will face a pullback. In comparison, Yang Jie believes that the bullish trend is still continuously expanding in the evening, and he is optimistic about a bullish breakout.

Bitcoin Strategy: Long in the range of 107100-107300, target 108500

Ethereum Strategy: Long in the range of 2430-2450, target 2510