🚨6/9 Evening BTC/ETH Market Report🚨
🔶 Bitcoin's current price is close to the second high around 10680 0, where resistance is still somewhat strong and has not effectively broken through several times. The four small panels still show signs of forming a head and shoulders bottom pattern. Currently, there is support at the bottom of the cloud layer near 1 0 5 3 0 0, as well as support from the extension line. Therefore, to go up, we first need to stabilize here. However, from a daily chart perspective, directly chasing a long position feels quite risky; there is still selling pressure near the second high, and there is also resistance from the baseline near 106130, with the possibility of forming a head and shoulders top pattern. Hence, before effectively breaking through the second high, it is recommended to focus on stable long positions, considering participating in lower long positions after a price pullback. Be sure to maintain good defense in operations, take profits promptly, and move the stop loss to speculate. A specific strategy will be provided at the end of the article; we hope everyone can support the 鄂家军 with likes.
🔶 On Friday, we publicly provided a current price strategy: Bitcoin near 101400 also reached around 106500 later, and Ethereum's current price of 2406 also reached our third target line of 2 5 4 5 at the highest, touching around 2548 before starting to pull back. SOL at the current price of 145 also reached around 155.3 directly, so the profits are quite considerable.
🔶 Over the weekend, the square did not provide a specific strategy; only friends who followed the鄂家军 and took profits on long positions chased a few orders. BTC at the current price of 1 0 5 4 0 0 completed the target of 106300 and reduced positions; ETH at the current price of around 2512 also completed the target of around 2545 and reduced positions; SOL at the current price of 149.7 reduced positions after completing the target of around 155.5. Although the morning's decline has already reached a break-even exit, it has been a reminder for everyone at high positions to reduce positions in a timely manner, so the profit space is still quite good.
🔶 $ETH is currently fluctuating around 2490, with resistance at the baseline of the four small levels at 2509 and extended resistance below at 2 4 8 0. However, I recommend being steady in the coming days. Therefore, for our long positions, we still suggest patiently waiting for a pullback before participating. You can consider participating in lower long positions near 2423 and 2355, where the support strength should be relatively strong. You can look at around 2480 and 2509 and 2545~2617~2715~2807, and it is suggested to reduce positions after reaching the target and adjust to break-even to speculate.
🔶 $BTC has support near 105300.