Hello everyone, I am Yang Jie!

6.29 Midnight Thoughts

Some people are focused on the market at three in the morning, others are recharging their faith with eyes closed and sleeping, some are grateful to be alive after getting liquidated, while others curse the market makers when they miss out. For those who are sleepless with red eyes from trying to catch the bottom, and those whose dreams are buried by contracts will never wake up again. The hands placing orders and the awake brain are the armor of survival. The moment you open your eyes and see the candlestick chart moving is a rebirth. From this moment on, what you choose is not the direction, but the way of living. Up and down is the breath of the crypto world, and your calmness and being with the right people is the real secret code. In the afternoon, the price of Bitcoin stabilized and rose near the 107200 line, reaching a high of 108477 line in the evening, and currently, the price has slightly retraced to around 108000 for consolidation. Ethereum stabilized near the 2424 line and then moved sideways upward, reaching a high of 2462 line in the evening, and currently, the price has retraced to around 2440 for consolidation.

From a technical perspective, the MACD accelerating upward indicates strong bullish momentum, with key resistance above at the previous high of 108500 and the psychological level of 109000, and support below at the 107800 top-bottom conversion level and the 107500 trend line. Ethereum's 4-hour chart has broken the downward trend line, facing short-term pressure at the key level of 2470. In the afternoon, Yunlu perfectly captured the large Bitcoin move of 1100 points and Ethereum’s 30 points. Caution is needed for the volatility risk in the US market; if Bitcoin drops below 107800, a reduction in positions is required. The current market maintains a strong pattern, but attention should be paid to the breakthrough situation of the key resistance at 108500, and risk control should be strictly implemented.

Bitcoin suggestion: Buy near 107000-107500 with targets at 108800-109000; Ethereum suggestion: Buy near 2410-2425 with targets at 2480-2500

#MichaelSaylor暗示增持BTC #币安Alpha上新 #美国加征关税 #美国5月核心PCE物价指数 #香港加密概念股 $BTC $ETH