Analyst Liang Qiu: 6.14 Bitcoin/Ethereum Weekend Narrow Fluctuation Repair Focus on Lower Support
Bitcoin/Ethereum has had a very good overall performance these days. After multiple short positions were set up before, we entered the market again yesterday and this morning with long positions first and then short, and the overall space is quite good. All previous articles are visible. Currently, the market is in a pullback and sideways fluctuation, with the daily line showing a continuous downward trend. Overall, the trend is weak, but there is still room for short-term market repair and consolidation. After the pullback yesterday, it was also emphasized multiple times that as long as the daily low does not break, there will still be upward space, focusing on the lower support levels of 103000 and 2450.
In terms of Bitcoin/Ethereum candlestick patterns, the daily level shows continuous bearish closes, and the price has a large pullback space from the high, forming a clear downward trend. In the 4-hour cycle, a long upper shadow has recently appeared, indicating heavy selling pressure above, while subsequent candlesticks have fluctuated downwards. In terms of technical indicators in the 4-hour cycle, both DIF and DEA are below the zero axis and are continuing to diverge downwards, with bearish momentum increasing. Currently, the narrow fluctuation has not effectively broken the position, with the upper levels of 2600 and 106500 under observation for pressure.
Evening operation suggestion: BTC: enter near 104000 to 104600, target around 106000; ETH: enter near 2500 to 2520, target around 2570.
[The above analysis and strategies are for reference only, please bear the risks yourself. The article review and publication do not guarantee timeliness, please refer to real-time data.] #美国加征关税