June 13 Morning BTC/ETH Analysis:
In the early hours, Trump set a trap, making a lot of noise without rain, suggesting the Federal Reserve lower interest rates by 200 basis points, which led to a rally in the market, followed by a correction that cut a batch of retail investors, slightly easing the U.S. debt crisis.
Yesterday's chart showed a double top forming a confirmed downward trend, with five consecutive bearish candles on the four-hour chart, indicating a clear downward trend. Therefore, today's key focus is on the 1066 level. If the hourly close is unable to stay above this level, it indicates weakness in the rebound. During the day, the focus will be on short positions, with support below at 1056-1043.
BTC: Trading around 1064-1069, with a stop loss at 600 points, and a target of 1056-1037.
ETH has really dropped quickly, with weak rebound strength, showing eight consecutive bearish candles on the four-hour chart. During the day, pay attention to the 2668 level; at least it needs to break and stabilize above on the hourly chart for the bulls to continue. Support below is at 2610-2579-2536.
ETH: Trading around 2658-2670, with a stop loss at 35 points, and a target of 2610-2530.
Keep an eye on Liu Bei, like first then watch, earn U over 10,000!
