Morning Analysis and Trading Suggestions for Bitcoin and Ethereum on Monday, June 23:
Good morning, investment friends! Did everyone keep up with last night's waterfall market? Previously, I publicly suggested short positions near 102800, coinciding with sudden news from the Middle East, leading to a nearly 5000-point drop in Bitcoin and a simultaneous decline of nearly 200 points in Ethereum. The short position yielded a profit of over 3600 points before exiting, resulting in an increase in the account's net value.
Currently, BTC has entered a technical recovery stage, with prices returning above the 100,000 mark, but please note:
• The daily level retracement trend has been established, with moving averages maintaining a bearish arrangement that continues to suppress prices, and no effective breakthrough has formed;
• Geopolitical risks in the Middle East remain high, with market sentiment being sensitive, and any fluctuations in news may trigger a second deep pullback.
Today's morning strategy maintains a high short outlook, with specific points as follows:
• Bitcoin: Short in the range of 101000-101400, target downward to 99500;
• Ethereum: Short in the range of 2250-2280, target downward to 2180.