🚨6/2 Evening BTC/ETH Market Quick Report🚨

🔶 This morning, our low-position long positions failed to get in, and I believe everyone is quite anxious. After several attempts, we still couldn't get in. So can we chase the long positions on this rebound now? Personally, I don't have much confidence that it will just shoot up like this, so I still recommend waiting for a deeper pullback before entering, which would be more prudent.

🔶 The daily Bollinger Bands for $ETH still show signs of contraction. There is resistance around 2560 from the BBI above, as well as resistance from the turning line near 2623. Looking at the four-hour chart, the bottom of the upward cloud around 2623 is also a point of resistance. The hourly price has already entered the cloud layer, with resistance at the top of the cloud and the expansion line near 2550 and 2575. Since our long positions have failed to catch the dips several times, we can consider these positions for a short play. If it goes down to our long position area, we can then reverse to long. Specifically, you can consider participating in a high short around these positions: 2550～2575～2623, and watch near 2458 and 2418. If it reaches around 2418, I recommend reversing to long; if it unexpectedly drops near 2354, just add once.

🔶 $BTC also failed to go down to catch our entry, only touching the expansion line at the 0.236 line segment before starting to rebound, which happens to be the current low around 103600. Bitcoin's performance tonight is still weaker than Ethereum's. Currently, there is resistance at the turning line around 104800, as well as resistance from the expansion line near 105900. There is also resistance at the basic turning line around 105950 on the four-hour level. If you want to participate in short positions, you can consider these positions for a short play. I suggest reducing your position near 103600, then watch around 103175 for the remaining position to look for our long entry point near 102650.

🔶 I still suggest waiting for the strategy from this morning for long positions, entering around 102650 and 101888. Long positions require patience. You can pay attention to the upper targets of 103600, 104800, and 105900, and after reaching the targets, reduce your position and continue to look for 106880.

⚠️ Note that all the entry and exit points for Bitcoin have a deviation of ±100 points, and for Ethereum, a deviation of ±5 points. These points are conclusions derived from chart patterns and technical indicators, subject to real-time changes and news stimuli. It is recommended to adjust according to your actual situation and is not considered as any investment advice; profits and losses are at your own risk.