$BTC $ETH #Metaplanet增持比特币 #以色列伊朗冲突 #加密市场反弹 #MichaelSaylor暗示增持BTC #特朗普比特币金库
Evening Thoughts on June 16
From the hourly chart perspective, the Bitcoin has surged and then retraced, forming a retracement pattern, followed by a technical correction in the market. However, the upward turning moving average system has established a short-term support line. Currently, bullish funds are continuously exerting strength, but as we approach previous highs, selling pressure gradually becomes apparent. It is expected that in the short term, the price may face a wave of technical pullback adjustments, testing the effectiveness of the lower moving average support. Be cautious in pursuing longs.
Bitcoin Trading Strategy: Enter short around 107000, with a stop at 108000, targeting around 105500.
Ethereum Trading Strategy: Short on a rebound near 2650, targeting around 2550.