🚨6/2 Morning BTC/ETH Market Quick Report🚨
🔶$ETH started to show signs of rebound since midnight, stopped at the 2547 line and continued to retrace. The current price is back around 2490, where there is some support at this small level, and there is also slight support near 2455 below. The daily Bollinger Bands are still narrowing, with support at the lower band around 2444. The current price has fallen below the bullish cloud layer in the four smaller levels, with significant resistance above. Key levels to watch for resistance are around 2577 and 2623. The main support below is still what was mentioned in yesterday's article, around 2417 and 2354, where one can participate in low buys. Although there is some support near 2490 and 2455, it is not advisable to be too aggressive, as there is still a demand for a downward adjustment from the market perspective. It is better to be cautious and wait for a retracement to around 2417 and 2354 before participating in low buys!
🔶$BTC The thought process for Bitcoin remains unchanged. Currently, there is slight support at the 104800 line and near 103175. It is prudent to continue waiting for around 102650–101888 to participate. Being conservative is never wrong. Above, near 105800, reduce positions and then aim for 114390. During the process, reduce positions at resistance or take profits to secure gains!
⚠️ All entry and exit points above have a deviation of ±100 points for Bitcoin and ±5 points for Ethereum. All points above are for reference only and do not constitute any investment advice. Profit and loss are at one's own risk
