Thursday Morning Jingyi's Analysis of Silk Exposure

Bitcoin surged significantly at 3 AM, exceeding most expectations. The daily chart shows a continuous increase in volume, as the market liquidity concentration is at the 113,000 level, and further upward movement lacks accumulation. It is expected that this round of increase will peak around 112,000-113,000 before experiencing a deep correction.

The 4-hour chart shows a series of bullish candles, with strong bullish momentum and heated sentiment. However, the KDJ indicator is forming a dead cross at a high position, and the hourly chart has been closing with long upper shadows, indicating significant short-term pressure above, and trading volume during the day is gradually decreasing, making it difficult to continue breaking upwards. It is expected that the daytime will see high-level fluctuations, and a strong technical correction is needed.

Trading Suggestions:

BTC Short in the range of 111,200-111,700, target around 110,000, if broken, look for 109,800-109,500, if not broken, consider going long.

ETH Short in the range of 2,770-2,790, target around 2,700, if broken, look for 2,680-2,670, if not broken, consider going long #美联储6月会议纪要 $BTC $ETH