On the evening of July 1st, Tuesday, a deep analysis of Bitcoin and Ethereum trends along with practical guidance. In the cryptocurrency circle, many people are under the impression that they have accurately caught the bottom, unaware that it is merely a 'trap set by the operator'! What’s more heartbreaking is that after the liquidation, the market skyrockets, and at that moment, you feel like 'human fuel' being ruthlessly consumed. When you try to comfort yourself with a 'Buddhist mentality' of holding coins, your wallet is already like a person in a deep coma, lifeless. Why can others succeed in the cryptocurrency circle while you always return empty-handed?
Let’s shift our focus back to the afternoon market. Bitcoin has dropped from its peak of 107149 to a low of 106264, currently in a correction phase. Ethereum's trend mirrors that of Bitcoin, entering a volatile downward mode after reaching 2478, with a low around 2444. Fortunately, Qianyu sharply captured the market changes in the afternoon, decisively giving a short position strategy, leading students to accurately short Bitcoin and successfully capture a profit space of over 700 points.
Next, let's analyze the current market situation in depth through the charts. From the four-hour level, the lower Bollinger Band is around 106300, and the green bars in the MACD histogram are gradually shortening, indicating that the downward momentum of the market is weakening. Narrowing the time frame to the hourly level, the RSI indicator is at 34, forming a hidden divergence with the new price low, while the MACD green bars are contracting and the DIFF line is flattening, all of which further confirm that the downward momentum has diminished.
Based on the above comprehensive market analysis, Qianyu has formulated a clear strategy for Tuesday evening's operations. In terms of operational strategy, it is recommended to adopt a low long approach; however, the market is unpredictable, and if the rebound does not unfold as expected, we must remain flexible and adjust the operational strategy in a timely manner.
The specific operation suggestions are as follows:
Bitcoin: When the price approaches 106000, consider entering a long position, with the first target set at 107500.
Ethereum: If the price approaches 2420, consider going long, with a key target at 2500.
The cryptocurrency market changes rapidly, and investment requires caution. I hope the above analysis can provide you with valuable references to seize opportunities in your evening trading and achieve profit growth.
