The daily chart for Bitcoin shows that after forming a high near 110,000 recently, the price has continued to decline, and is currently in a downward oscillation trend. In the 4-hour cycle, a long upper shadow appeared on June 11, indicating heavy selling pressure from above. Subsequently, several bearish candles confirmed the short-term weakness. In the 4-hour cycle, the DIF and DEA continue to diverge downwards, with green bars expanding, and the momentum is dominated by the bears. The daily chart also shows a death cross, further validating the downward pressure. The 4-hour cycle RSI value is 46, having exited the oversold zone, but still remains weak. The daily RSI has gradually fallen from 70 to below 50, reflecting a weakening market sentiment. It is recommended to enter short positions at high levels today.
Operation suggestion: Enter short positions for Bitcoin around 108,000 to 108,500, with a target near 106,500; for Ethereum, enter short positions around 2,770 to 2,800, with a target near 2,690. This article is time-sensitive, market conditions are constantly changing, so friends entering the market should focus on real-time guidance #稳定币立法 #币安Alpha上新
Today, Bitcoin presents a volatile downward trend, peaking at 110344 in the early morning and dropping to a low of 108305. Currently, the price is consolidating around the 109300 level, having risen to 110252 in the early session before retreating, indicating a bearish dominance for the day. Ethereum initially rose before experiencing fluctuations, hitting a high of 2833 in the morning and then oscillating around the 2800 level. The bullish strategy for Ethereum provided over twenty points of profit. From a technical perspective, Bitcoin's MA7 is turning downward, and the price has fallen below the short-term moving average, with MA25 forming resistance; the MACD indicator shows DIF (-58.2), DEA (-34.5), and MACD histogram (-47.4), all indicating a release of bearish momentum with a weak short-term trend. Attention should be paid to key moving average support and the MACD indicator's recovery; in the short term, watch for bearish breakout scenarios. Ethereum has broken the 2700 resistance level on the daily chart, showcasing a 'cup and handle' pattern, with moving averages in a bullish arrangement; on the 4-hour chart, moving averages are bullish, MACD shows a golden cross, but RSI indicates overbought conditions, suggesting a need for correction, with prices fluctuating between the middle and upper bands of the Bollinger Bands. On the indicator front, the MACD golden cross continues but watch for potential top divergence, and RSI remains high, indicating potential weakening of bullish momentum. In terms of capital flow, Ethereum has seen a net inflow of over $630 million for 11 consecutive days, with institutional holdings supporting prices, but profit-taking should also be monitored. Event-driven factors include the Pectra upgrade starting testnet on June 12, which may provide a breakthrough boost. Key support levels are 2780, 2700, and resistance levels are 2850, 2900. Overall, the bullish trend has not changed, but there are risks of correction, so closely monitor key points, capital flows, and event developments, and set stop-loss orders to manage risk. Bitcoin recommendation: Short near 109600-109800 targeting 108800 Ethereum recommendation: Short near 2800-2820 targeting 2700
#Metaplanet拟筹资增持比特币 #非农就业数据来袭 6.7 Saturday Midday Bitcoin and Ethereum Market Analysis and Trading Suggestions This week, the cryptocurrency market has shown an overall trend of rising and then falling, with traders who accurately grasp the rhythm successfully making profits. As previously indicated, a stage top has appeared, and the recent market mainly focuses on pullback corrections. Looking back at the early morning trends, after a range-bound fluctuation, Bitcoin experienced a pullback. In our live trading operations, we successfully captured a space of 1017 points before exiting. During the midday period, we still maintain a high short and low long trading approach. Aggressive traders can now attempt to short with a light position, while conservative traders should wait to establish short positions at higher levels. From the current market analysis, Bitcoin is hovering near the middle band of the Bollinger Bands on the four-hour chart, continuously facing pressure, with downside space gradually opening up, and clear signs of bearish dominance. The hourly chart shows that the three bands of the Bollinger Bands are gradually narrowing. As for Ethereum, it still needs to effectively test the key support level of 2200 to confirm the subsequent trend direction. Due to the reduced market liquidity over the weekend, the intraday market is expected to maintain a range-bound fluctuation pattern. Attention should be paid to the dense clearing area near 2430, as this position may trigger sharp price fluctuations. If the pullback continues, the 2400 support level will become a key defense line for bulls. If it stabilizes here, it may challenge the resistance level of 2530. If the upward momentum is insufficient and unable to break through 2530, the market will likely begin a new round of decline. Once the 2400 support level is effectively broken, it will further open up downside space, targeting the 2200 support level. Trading Suggestions:
- Bitcoin: Short in the range of 105000-105500, targeting 103000. - Ethereum: Short in the range of 2500-2530, targeting 2450. Investment carries risks, and trading should be cautious. The above trading suggestions are for reference only; investors should make decisions based on their own risk tolerance and investment experience.
6.6 Bitcoin and Ethereum Technical Analysis and Trading Suggestions
The setbacks of the late night will ultimately transform into the medals of dawn; the long position taken at midnight ended in regret due to stop loss, but we did not lose heart, as the morning coin price also rebounded near 101900. We positioned ourselves for long positions near 100800, perfectly capturing a 1100 point space, with the stop loss also executed perfectly! Each steadfast hold is a key to calibrating the rhythm of life. Step by step in defense and offense, all are part of a grand strategy. Only through practical experience can true wisdom and brilliance be forged. Within seemingly solid barriers lies the key to breaking the game and achieving rebirth. Although Bitcoin had a slight rebound after the morning closing, the strength is obviously insufficient compared to the previous deep "pinning"; this rebound is quite normal. The current trend has clearly pointed downward; our strategy should continue to follow the trend. Currently, Bitcoin is continuously probing downwards, with bearish forces in control. A comprehensive judgment indicates that the price is highly likely to test the support strength near the 100000 integer level again. In terms of operations, maintain the original strategy template: patiently wait for stabilization signals in the key support area or clear signs of exhaustion in downward momentum before considering the next steps. It is not advisable to blindly guess the bottom at this moment; the focus should be on controlling risk and following the trend. Short Bitcoin at 102000-102500, watch 100500 Short Ethereum at 2440, watch 2380
For all cryptocurrency traders seeking guidance on risk management and profit maximization, the following strategies aim to provide structured insights into potential market movements. These plans serve as guidelines and should be tailored to your individual risk tolerance and market experience. Remember, capital preservation is key—never risk more than 5% of your total capital on an initial position, as high leverage can amplify both gains and losses. Always ensure you have sufficient margin to manage unexpected market fluctuations.
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BTC Long Position Plan
Entry Range: 103,700–104,200 (allocate about 2% of total capital).
Leverage: 100x–125x.
Take Profit Target: 105,000–106,000 (lock in profits when targets are reached).
Stop Loss Level: 102,700.
Guidance:
If the price breaks below the support level (102,700), observe the strength of the rebound.
If the price rebounds and regains support within 1-2 minutes, consider adding to your margin and holding your position.
If the rebound fails to maintain the support level, close your position in a timely manner. Continued weakness often triggers layers of selling, so decisive action is crucial.
BTC Short Position Plan
Entry Zone: 105,950–106,500 (allocate about 2% of your total capital).
Leverage: 100x–125x.
Take Profit Target: 104,800–104,000 (lock in gains at appropriate levels).
Stop Loss Level: 107,500.
Guidance:
If the price breaks through the stop loss level (107,500), assess the retracement behavior:
If the retest fails to maintain higher highs, remain cautious and be prepared to close your position.
Conversely, if the breakout maintains strong momentum and forms higher highs, consider exiting your trade. False breakouts are common, but sustained strength often signals a real move.
Risk Management Reminders
1. Always diversify your positions and avoid over-leveraging.
2. Take profits early when targets are reached—don’t let greed erode your gains.
3. Stay aware of broader market trends and news, as they can significantly impact BTC price fluctuations.
Adjust and tailor these strategies according to your style, and remember that trading requires discipline and patience. Good luck!