6.21 Saturday early morning Bitcoin and Ethereum latest market analysis and trading advice:
The horn has sounded; what you need to do is not to question but to seize the opportunity. Looking back at the evening, Bitcoin touched a peak at 106118 and then began to face downward pressure, currently hitting a low of 103837. Ethereum reached a maximum of 2558 concurrently with Bitcoin's retracement to a low point of 2488. Qianyu reminded everyone to watch for trends and choose a direction; Bitcoin's pressure led students to enter short positions, gaining over 1800 points, while Ethereum secured a gain of 67 points. Overall during the day, Bitcoin gained over 4500 points, and Ethereum gained 142 points.
From the current market perspective, the four-hour MACD fast and slow lines have formed a death cross at high levels, and both lines are beginning to diverge downward. There is a clear short-term bearish signal. The RSI has quickly retreated from the overbought area and is currently hovering around the 50 midline or slightly below. This indicates a weakening of bullish strength and the emergence of bearish momentum. If it breaks below 50 and continues to decline, it will strengthen the short-term downtrend. In terms of trading strategy, Qianyu continues to provide a high short strategy, shorting once the rebound is in place.
Saturday early morning strategy:
Short Bitcoin around 105000, target 103000.
Short Ethereum around 2530, target watch for 2450. #加密概念美股