6.21 Saturday Early Morning Bitcoin and Ethereum Latest Market Analysis and Trading Suggestions:
Any success has traces to follow; it does not come out of nowhere. When all indicators point to the abyss, you need to calculate the distance between the cliff and the golden pit. Looking back at midnight, Bitcoin reached its highest point at 104568 before starting to come under pressure and declining, currently touching a low of 102301. The current pullback is around 103200. Ethereum reached a maximum of 2511, synchronously with Bitcoin's pullback to a low of 2367. The current pullback is around 2430. In the early morning, Qianyu provided a high short strategy, guiding students to short Bitcoin and capture over 2100 points, while Ethereum captured 112 points. On Friday, Bitcoin captured over 4500 points, and Ethereum captured 142 points.
From the current market perspective, the four-hour MACD shows a new price low of 102301 vs. MACD bars higher than the previous low. Currently, the price pierced the lower track at 102150 and then retracted. RSI has entered the oversold area but shows no signs of divergence. As previously mentioned, if it falls below 50 and continues to decline, it will strengthen the short-term downward trend. In terms of operation, Qianyu continues to maintain a high short strategy. If the rebound successfully stabilizes, then switch strategies.
Saturday Early Morning Strategy:
Short Bitcoin near 104200, target 102000.
Short Ethereum near 2440, target focus on 2360. #加密概念美股