This morning at 6 o'clock, Trump's speech delayed the EU's tax increase to July 9, easing market concerns about tariffs, resulting in a big rebound for Bitcoin and Ethereum. Unfortunately, the high strategy we provided in the early morning was not realized. Very regrettable.
Currently, after the weekly K update, Bitcoin has a 7 consecutive upward trend. The MACD and KDJ indicators are severely overbought, and the currency price continues to run near the upper band. Although the currency price oscillates and rises relying on the MA5 daily moving average, there is still a gap of 5000-6000 points between the current currency price and the MA5 daily moving average that has not been filled. It is expected that there will be a pullback this week to fill the weekly K gap. As long as Bitcoin does not effectively break down the support of the weekly K MA5 daily moving average during the pullback, the upward sentiment will not be destroyed.
On the daily line, with Trump's speech, the originally declining sentiment indicator has also changed. The MACD runs with reduced volume below the zero axis, and the KDJ three lines are about to form a golden cross at the bottom. The currency price slightly rises relying on the MA 5 and 10-day moving averages. However, combined with the 4-hour line, the current BOLL upper band shows a desire to press down. Although the MACD and KDJ indicators are showing a bullish resonance upward trend, there is strong selling pressure above 110,000, coupled with signs of weakness in the short-term rise and the currency price being at a high level. Therefore, my personal view for the day is to first go high and then low. This seems to be a relatively prudent approach.
Operational idea: 110500-111500 to go high. Target: 109000-108500. Stop loss: 112000.
Low entry point: 108500-108000. Target: 110000-111500.
Ethereum's overall trend is basically in sync with Bitcoin, but the overall trend and volume are much weaker. Therefore, my personal view for the day is to first go high and then low. This seems to be a relatively prudent approach.
Operational idea: 2595-2630 to go high. Target: 2555-2520. Stop loss: 2650.
The low point range of 2530-2500 can be attempted for buying. Target: 2580-2630.
For the short-term trend, it is expected to be sufficient, further follow-up will continue later.#加密市场反弹 #美国加征关税 #币安Alpha上新 