6.21 Night Analysis: Bitcoin faced resistance at 161.8% and started to decline. Today, the support range of 104000—103500 has not fluctuated much overall, transforming from a support level to a resistance level, preventing a rally. Currently, the bulls are forming a weak counterattack, and the volatility over the weekend is also not large. It is recommended that everyone does not rush to enter the market. Pay close attention to the 103500-104000 range and wait for short-selling opportunities.
Operation Suggestions
The strategy for Ethereum is basically the same as that for Bitcoin, and the same approach can be used.
Bitcoin:
1. Focus on shorting near 104000—103500 on rallies.
2. Focus on taking profit near 103000—102500 if blocked, and short if it breaks down.
Ethereum:
Can short near 2440 with a short-term target of 2350
