Maple looks at the trend: 6.19 Bitcoin/Ethereum market analysis with trading suggestions
From a technical structure perspective, the weekly level of Bitcoin/Ethereum shows that the KDJ and MACD indicators are fluctuating sideways with a slight upward movement. Compared to last week, the downward pressure on the upper Bollinger Band has weakened. In the main chart, the MA5 and MA10 daily moving averages continue to rise this week, but the MA30 still continues to exert downward pressure. Currently, whether the MA30 can be effectively broken through is particularly critical in the short term. At the daily level, the KDJ, MACD, and Bollinger Bands are currently in a phase of oscillating adjustment. In the main chart, the MA10 and MA30 have shown an upward turn; therefore, considering the mainstream resonance, today still leans towards a primarily upward oscillation. For short-term operations in the future, it is recommended to focus on buying on dips. Specific points of reference are as follows:
BTC: Buy at 104000-103500, target 106000
ETH: Buy around 2510-2500, target 2560
The above are personal intraday trading suggestions. Market conditions change rapidly, and this article has certain lag. Specific operations should be based on real-time guidance. If you have any questions, feel free to consult.