Blockchain Liangqiu: 6.12 Bitcoin/Ethereum Operation Strategy with Market Analysis

The analysis ideas for Bitcoin/Ethereum in the early morning remain unchanged. For the current technical retracement of the daily line, the key support of the low point is 3400 and 66000. Once this position falls below, it will directly follow the trend to 3200 and 62000. On the contrary, the current market is also rebounding. The upper side needs to focus on the important bottom conversion position near 68000 and 3560, which is also an important position for multiple long and short conversions.

The current market rebound is not strong, and it is more of a market repair after a rapid decline. The subsequent market can still follow the trend to pull up and go short. On the weekly line, Ethereum has been negative for three consecutive days, and the trend has obviously weakened. In this trend, if you want to reverse quickly, you need a large lower shadow line to quickly insert the pin downward and then pull up and reverse. Otherwise, the shorts will continue. On the daily line, the MA moving average indicators of the 7-day, 10-day, and 30-day moving averages all began to press down. The current rebound is more of a repair of the upward market. As long as it does not break the upper pressure, it will rise and fall.

In terms of intraday operations, short orders will continue to be placed around 67500 to 67800 for Bitcoin, with a target around 66300; short orders will be placed around 3530 to 3550 for Ethereum, with a target around 3450. #第55期新币挖矿IO #BTC #ETH $ETH $BTC