$BTC .ETH. Intraday Analysis + Strategy (6.2)
I said that my heart feels cold during this holiday, and it turns out it's the choppy market, everyone is feeling the calm~ The market shifts between bearish and bullish, but now most people are quite bearish. There's nothing wrong with being bearish; in fact, it's the most cost-effective option right now! Sometimes the market goes against the trend, and just when everyone is bearish, the big players might reverse it on you 😂
I suggest everyone follow the downtrend and short on the highs, and in an uptrend, buy on the dips. I don't take counter-trend positions, only trend positions.
In the first phase of ETH, I see support at 2250, and resistance at 2540-2600.
For Bitcoin, the support position is at 101000, and resistance above is at 106000-107000.
I don't play the role of a mover for support and resistance levels 🎈; I only focus on clear strategies for the retail investors.
ETH short strategy:
Entry 2540-2600, Stop loss 2625
Take profit 2350-2250-2100
BTC short strategy:
Entry 105450-106500, Stop loss 107300
Take profit 103000-101500-100000