公子辰or

Although ETH reached the 2100 area daily support and had a strong rebound, the buying at the daily support level is the weakest, indicating that overall sentiment has not effectively reversed. It will follow the overall market here as well.

At the 2320 line, first look at 2100; if it breaks, continue to look down.

Geopolitical factors have always overshadowed the market, and the downward trend has not ended. Respect the market rules and emotions; the harsher the washout, the greater the opportunity that will come!

Here, we make a swing short position, targeting the 103200 level, directly looking at 97000.

June 23 ETH Trading Perspective

ETH is currently showing a significant rebound after finding daily support at 2100. Rebounds at the daily level are generally not too weak, so let's first focus on the 2320 position. We can consider a small defensive entry here; if it gets swept, the next position to consider could be at 2380.

Take a bite in the morning to rebound, go long at the 101100 line, profit 4500u.

Currently, according to the plan, I will directly enter a short position, initially looking at the 100900 line.

June 23 BTC Trading Insights

BTC fell sharply last night due to news of the blockade of the Strait of Hormuz, crashing below the strong support level of 100800 in the middle of the night, hitting a low of around 98000, but then rebounded sharply after the oversell.

Currently, although there are signs of recovery, the recent escalation of war situations has kept market sentiment low. If there is another round of news that triggers a sell-off and breaks below the 100000 mark, the bearish trend will extend even further.

During the day, first pay attention to the strong resistance area at 102200. Caution is advised when chasing long positions until this level is broken and stabilized. The main strategy should focus on short positions, and one can consider placing a short near 101800, looking down at the two levels of 99500 and 98000.

From tonight until tomorrow, we will see if the 100800 line can hold. If it cannot hold, we can only short all the way down to the 97000 line.

In this round of decline, the buying power for bottom-fishing ETH is currently the weakest, and the E guardians seem to be afraid.

The situation of war continues to escalate, but it is even more important to seize opportunities amid risks.

The long position at the 100800 level laid out in the morning reached a high of 103300. A space of 2500 points.

Small defense counterattack

June 21 BTC Trading Perspective

After completing a short and long liquidation, BTC touched the support area around 102000 and started to rebound. Currently, this can only be seen as a rebound after an oversell, with the rebound high point focusing on the 104500 level. If this position is not broken, it will follow a trend of oscillation downward.

For intra-day trading, you can range between 104000 and 104500, first looking at 103300, and if broken, look at 102600.

June 21 ETH Trading View

After a false breakout at 2540 yesterday, ETH plummeted to the key daily support area of 2380.

Each time after a decline, there is a range consolidation. Next, watch the two points above at 2450 and 2490, and focus on the 2380 line below. For weekend trading, focus on these three positions for high and low volatility.

Watch this move in ETH tonight, at the 2540 level, directly looking at 2610.

Evening operation view on June 20

ETH has currently broken through the previous oscillation range. After stabilizing above 2540 in the subsequent consolidation, the short-term target is above 2600.

Evening trading perspective on June 20

The recent surge in BTC can be seen as a rise driven by contracts, and this surge has already liquidated the short-term liquidity above 105800. The expectation for liquidation has arrived, but currently, the volume remains strong. If it continues to maintain above 105500 during the US market hours, the next target will be to challenge the resistance above 106800.

June 20 BTC Trading Perspective

BTC has been consolidating with reduced volume between 103500 and 106000 for the past two days. Today is Friday, and this state of reduced volume is now facing an emotional decision point.

In terms of liquidity, there has been accumulation above 105800 and below 103000. My personal expectation for the recent market is that a liquidity clearing will occur between long and short positions. Moving forward, the market may not be easy to navigate, so it’s best to adopt a range-bound mindset for trading.

For intraday trading, one can first enter with low long positions around 103500, aiming upwards towards the 105400-106000 area. After the clearing, we should then look down towards the support line of 102000.

105000 first-line profit, 104100 successfully took profit.

The new friends who joined last week achieved a threefold growth in less than a week and chose to cash out in a timely manner.

With limited energy, there will be two more positions for intraday real-time short trading, requiring a starting point of 8000u, with execution in place.

Looking at this trade for ETH today.

Short at the 2525 level, first target is 2490 here.

June 19 BTC Operation View

Yesterday, the news and data were intertwined, with the uncertainty brought by Trump’s possible actions and Powell’s potential rate cuts or lack thereof creating too much uncertainty in the market. The BTC trend was only oscillating within a range, without any effective breakout.

Looking at the day, it will still maintain an oscillation. However, the upper levels are currently under significant pressure, and the confirmed decision to not cut interest rates has not stimulated an effective breakout.

Therefore, during the day, one can enter around the 105000 line, first observing the support in the 103500 area. If the support remains effective, one can anticipate a move up to the 106000 line for liquidation.

The short position at 105400 given yesterday reached a high of 105500 before starting to fluctuate down to the 103400 line.

Although the trend is affected by a complex news environment, it is only a temporary impact, and there is still a space of 2000 points.