6.19 Morning Thoughts
Currently, the Bitcoin market is being pressed by the middle band of the Bollinger Bands on the daily chart, with a doji indicating intense bullish and bearish contention, showing no clear trend. On the four-hour level, resistance is encountered at 105500, forming a short-term strong resistance, with bulls and bears locked in a stalemate, and the Bollinger Bands flattening. The operating suggestion is to primarily short on rebounds, flexibly trading in conjunction with smaller time frame patterns while maintaining good risk control.
Bitcoin trading approach: Rebound around 105000-105550 🈳, looking down to around 103500
Ether trading approach: Rebound around 2535-2565 🈳, looking down to around 2485
