Blockchain Liangqiu: 6.14 Bitcoin/Ethereum Operation Strategy with Market Analysis

The Bitcoin/Ethereum market has returned to volatility in the past two days, but it is also a volatile downward trend. Last night, we again deployed the 3520 short position idea, with a target of 3420 to 3450. After entering the market last night, the lowest price was directly at 3426 during the decline. All the target positions were reached, and the support was at 3400 below. In fact, friends who follow my articles should know that we started to enter the swing short position during the market rally the night before yesterday. We directly entered the short position at 70,000 ether and 3645 ether, and the space was very good. The current volatile downward trend, pulling up is an opportunity to enter the short position.

On the daily line, the 7-day, 10-day, and 30-day moving averages of Bitcoin/Ethereum MA continue to press down, and the subsequent upper highs will continue to move down. First of all, we need to pay attention to the pressure of 68,000 and 3580. On the weekly line, if there is no strong rebound to break the downward trend under the three consecutive negative trends of Ethereum, it will be difficult to reverse the market. The four-hour Bollinger Bands also began to turn downward, and the pressure level is also at the daily level. In the short term, the support of 3400 and 66000 remains unchanged.

In terms of intraday operations, short orders are entered near 67300 to 67600 for Bitcoin, with a target near 66300; short orders are entered near 3530 to 3550 for Ethereum, with a target near 3420 to 3460. #币安合约锦标赛 #BTC #ETH $ETH $BTC