A major market trend is about to arrive
Both BTC and ETH have reached a bullish pattern on the daily chart, while the 4H and 1H charts show a need for a pullback to make adjustments. ETH has retraced more significantly compared to BTC.
How can we execute a trade to maximize profits effectively?
BTC can be entered on the left side, aiming for a long position if it reaches 105200-105800, with a stop loss of 0.5% downward.
ETH has a relatively good position; waiting for a long position entry opportunity at 2520-2525, with a stop loss of 1.15%. We’ll see if the 4H chart can bring it down.
Another point to pay attention to is the following focus, which will be a long-term positive factor:
⭐ The U.S. Senate will hold a final vote on the "GENIUS Act" (S.1582) at 4:30 AM Beijing time on June 18 (4:30 PM Eastern time on June 17). The bill has completed its amendment process and, if passed, will be sent to the House of Representatives for consideration. This is the last round of voting for this bill in the Senate.
Disclaimer: The content of this article is for informational sharing only and does not constitute investment advice. The cryptocurrency market is highly risky and volatile; investment decisions should be made with caution.
