Evening Market Analysis and Trading Suggestions for June 27
The cryptocurrency market is like a battlefield; following the right people is like holding a winning weapon. Top leaders can penetrate the fog of the market, using practical experience to help you avoid liquidation traps and seize opportunities for hundredfold returns. Whether it's risk aversion during sharp declines or laying out new strategies, their tactics and judgments can help you avoid detours. Don't blindly search in the flood of information; choose the right guide to navigate through bull and bear markets, allowing your digital assets to appreciate steadily.
The coin price has also declined as predicted; our midday forecast has been validated, with the price dropping from a high of 107735 due to bearish pressure, swiftly falling to 106679, and the current price is around 106800.
The price has broken below the middle band of the Bollinger Bands, the KDJ indicators K and D lines are diverging downwards, the J line is weakening, and the trading volume (VOL) has not effectively increased, indicating insufficient bullish momentum. Although there has been a slight rebound, the overall trend is under pressure. If it cannot quickly recover the middle band of the Bollinger Bands, it is highly likely to continue downward. You may look for short-selling opportunities as it tests previous low support levels.
Bitcoin Strategy: Short around 107200, target 105500
Ethereum Strategy: Short around 2460, target 2380
