After the new monthly K update, Bitcoin is currently operating above the MA5 and the 10-day moving average. The MACD and KDJ indicators still show a bullish upward trend, but the rising sentiment of the MA5 moving average is showing signs of contraction. (June is also a month full of uncertainties, with the Fed's interest rate cut timing yet to be announced, inflation remaining high, and the uncertainty of Trump's tariff policy bringing certain risks to the market.) Due to relatively low trading volume during the holiday, there is currently a gap of over ten thousand points between the coin price and the MA5 moving average, and it is expected that this month will see a replenishment. As for when it will be replenished, it will depend on the weekly K TD indicator's shift between bullish and bearish.
On the daily chart, Bitcoin is currently running below the midline of the BOLL band. Although the MA30-day moving average continues to rise, the MA5 and 10-day moving averages are under downward pressure, with the TD indicator showing a downward trend (TD4). Additionally, the MACD and KDJ indicators are leaning towards a bearish operation, indicating that the short position currently dominates. As long as the coin price cannot effectively stabilize above the MA5 moving average during the rebound, Bitcoin is still likely to decline again after the early morning update to tomorrow's daily chart.
On the 4-hour chart, after the early morning closing, Bitcoin has shown a wave of rebound sentiment. However, the MA30-day moving average and the overall trend of the BOLL band remain in a downward trend. With the MA5 moving average on the daily chart exerting strong pressure, if Bitcoin's short-term rebound cannot effectively break through the resistance at 105500-106000, there remains a risk of further pullback. Therefore, my personal view in the early morning is to maintain the rebound high short strategy as the main approach.
Trading strategy: open short at 105500 + add short at 106500. Target: 104500-103500. Stop loss: 106700.
Ethereum's overall trend is currently basically in sync with Bitcoin. Although there has been a wave of rebound sentiment in the short term, the daily midline and MA5 moving average continue to exert downward pressure, which constrains the rebound. Therefore, my personal view in the early morning is to maintain a rebound high short strategy as the main approach.
Trading strategy: open short at 2570-2600. Target: 2520-2480. Stop loss: 2620.
For the short-term trend, it is expected to be sufficient, and tomorrow's daily update will continue to follow up.#币安Alpha上新 #美国加征关税 