6.17 Bitcoin and Ethereum evening operation suggestions
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Last week, as a series of news came to light, the market fell into chaos and the overall performance was poor. Bitcoin's weekly K-line closed with a big negative line. Although there was a certain degree of rebound afterwards, the intensity was not significant, and the pressure level of 67,000 remained stable. At the same time, Ethereum’s weekly K-line also showed a continuous negative trend. This morning, the price of Ethereum rushed to around 3650 but failed to break through, and then fell back by about 60 points.
In the afternoon session on Monday, Bitcoin’s weekly negative closing had a certain continued impact on market sentiment. After the daily line was negative, a small positive line repair trend appeared on Saturday and Sunday. On Saturday morning, Bitcoin price tried to test the 67,000 mark but failed, and then fell back during the day. Based on the current situation, it is recommended that investors consider entering the market for short and long operations when the price falls back to the 65800-66000 range in the afternoon. If the price pulls back to around 67,000, you can consider shorting the position.
For Ethereum, the market has a large room for upward and downward fluctuations during the two days of the weekend, and the daily negative line has gradually spread the market sentiment. In the morning, the price of Ethereum surged to around 3650 but failed to break through. In the afternoon, the market showed a volatile trend, and the pressure range was relatively obvious. At present, the probability of Ethereum breaking through 3650 is low. It is recommended that investors look for short-selling opportunities at high levels and treat it with a volatile attitude.
It is recommended to continue the idea of 66500-69000 for short orders on Saturday, with a minimum of 65800. When operating Bitcoin today, you can place short orders around 66600-67000, and look at the range of 65800-66000. Ethereum: Place multiple orders near 3530-3510, targeting the 3660 range. Please note that the above suggestions are for reference only. Investors should make decisions based on their own risk tolerance and market trends. The same name shrinks the public account: Li Hong Trend Profit Space by Yourself Take control and strictly implement the trading plan. If the market fluctuates greatly, do not act too hastily. It is easy to be stopped. In the short term, the bottom will be raised and the top will become unknown. No matter what the situation, you must remember to ensure the safety of your principal and be safe in your pocket. The market is changing rapidly. Don't be greedy, the specific operation is based on real-time strategies, and the analysis is for reference