BTC

Bitcoin fell back after a slight rebound yesterday. The daily chart formed a medium-sized Yin line with an upper shadow, and it is expected to fluctuate at a low level for a period of time. If the price fluctuates in the range of $60,000 to $63,000, it may imply the possibility of a strong rebound; if it fluctuates between $58,000 and $62,000, the fluctuation time may be longer. Trading suggestions are to establish a position at $60,500 and cover the position at $59,000.

ETH

Ethereum closed yesterday to form a small Yin line with upper and lower shadows, and its short-term performance is better than Bitcoin. Pay attention to the fluctuations in the range of $3,300 to $3,400. If the price reaches $3,350, you can consider opening a position, and it is suitable to cover the position at $3,250. If the ETH/BTC exchange rate breaks through 0.0057, it will show further strength, and Ethereum is expected to perform strongly in the second half of this year.

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