6.16 Short-term rebound focus on breaking through the pressure range of 10.62-10.66, midday Bitcoin and Ethereum market analysis strategy
From the daily chart of Bitcoin, the price has mainly oscillated around the range of 10.45-10.6 in recent days. The short-term pressure level on the daily chart focuses on the MA30 moving average of 10.66. Pay attention to whether it can break through and stabilize above 10.66 during the day. If it stabilizes, it will continue to return to a bullish trend; otherwise, it may fall back to the 4-hour MA256 moving average line at 10.48. First, focus on whether it can break through and stabilize above 10.6 in the short term.
From the daily chart of Ethereum, yesterday's daily line closed with a small red line. The short-term is approaching the daily MA30 moving average pressure level of 2580. If it breaks through 2580, the short-term will continue to test the MA256 moving average line of 2670. The short-term support to pay attention to is the 4-hour MA256 moving average of 2490 and the 1-hour MA30/MA60 moving averages at 2540. First, focus on the breakout situation of the midday rebound.
Midday operation ideas (writing time: 13:00):
