6.30 Evening BTC, ETH Market Analysis and Trading Suggestions
Market Analysis
From a daily perspective, the upward trend is still stable. Although there has been a short-term pullback, it hasn't formed a sustained decline, and the overall 'momentum of the rise' hasn't changed. Looking at the 4-hour chart, the price is fluctuating at a high level, and neither side can maintain an advantage to push the market continuously. However, after the price dropped to a low in the morning, it began to rebound, and this rebound momentum is still continuing. Therefore, in the short term, the focus is on how strong the rebound is; tonight's trading should be 'buy low and go long'.
Trading Suggestions
BTC: Go long around 107300, initially targeting 108800. If it breaks through, then look towards 109800.
ETH: Go long near 2450, initially targeting 2550, and if it breaks through, look towards 2600.
