$ETH 6.6 Ethereum Market Analysis Ethereum performed weakly yesterday. Although it broke through the upper edge of the oscillation range, it is still in the oscillation structure as a whole. The current long position is risky and it is not recommended to chase long positions. #开单建议 Wait until it falls back to around 3500 before considering going long.
$BTC 6.6 Bitcoin market analysis Currently, Bitcoin is at a first-line position of around 71,000, which is not suitable for chasing long. We analyzed two possible trend plans, and the two plans look at a callback: 1. Head and shoulders bottom structure, callback to around 65,000. 2. WXY double bottom structure, may callback to around 55,000. At present, the risk of chasing long is relatively large, and it is not recommended to chase long. It is recommended to wait for a callback before entering a long order.
#开单建议 If it retreats to around 63,000-64,000 US dollars, and around 55,000, consider taking long.
$ETH 6.5 Ethereum market analysis Ethereum is currently in a consolidation state, forming a frame structure. It may be a downward relay and may continue to fall. At present, the risk of going long is relatively high, and it is not recommended to chase long. #开单建议 Wait for the callback to around 3500 before considering going long.
$BTC 6.5 Bitcoin Market Analysis Bitcoin is above 70,000 again. The community has always held bullish beliefs, but it is not suitable to chase long now. There is limited room for further rise in the short term, and the risk of chasing long is greater than the benefit. If a head and shoulder bottom structure is constructed, the right shoulder construction time is now half of the left shoulder, and the right shoulder is likely to be unfinished, and the possibility of continued correction is high. Therefore, it is not recommended to continue to go long above $70,000. #开单建议 If it retreats to around $63,000-64,000 and around $55,000, consider going long again. #BTC走势分析 #比特币突破7万美元 #BTC翻倍之路
$ETH Analysis of Ethereum Market on June 4 Ethereum is in a volatile stage. Although it had a small high point last night, it did not break through 3980. Two possible trends in the future: 1. Construct a triangle oscillation structure, and the area around 3750 is at the relative bottom line of the e wave. 2. Construct a platform structure, which will break the triangle to the 3500-3600 range. #开单建议 Intervene in long orders around 3600~3500. #以太坊回调 #以太坊大跌 #ETH合约
$BTC Bitcoin Market Analysis Currently, the price of Bitcoin is consolidating around $69,000. Yesterday morning, we suggested opening a long position in Bitcoin, believing that it is likely to break upward. Although there was an upward breakthrough yesterday, it did not break through the previous high point and is still in the range of fluctuations.
At present, an expanded triangle may be formed, which requires more observation. The general direction continues to look upward, and the short-term fluctuation time will increase and the range will expand.
#开单建议 Yesterday's long position near 67000 was closed at 69400. Today, we will mainly observe.
$BTC The stop-profit protection of Bitcoin long orders has been moved up to 68,800. The main concern is that the price will continue to fluctuate in an expanding triangle; as shown in the figure below.
$ETH 6.3 Ethereum Market Analysis Ethereum is currently in the final stage of volatility, and it is expected to change before 4:00 p.m. today. From a theoretical point of view, it may break upward.
#开单建议 You can use the breakthrough chasing method, whichever side breaks through.
$BTC 6.3 Bitcoin Market Analysis Bitcoin is currently showing a trend of no more shocks, and it is expected that a change will occur before 4:00 pm today. From a theoretical point of view, it may break upward. The specific suggestion is to open both long and short positions in a narrow range, set a stop loss, and operate according to the breakthrough direction to ensure safety.
#开单建议 Open both long and short positions near 68000, and move the stop loss of short positions down to 68600; long positions remain unchanged; take whichever side breaks through.
$BTC 6.2 Bitcoin evening analysis: The short-term oscillation structure cannot be determined at present, and the following two structures are possible: 1. The white route breaks upward after triangular oscillation; 2. The red route breaks down and then breaks upward.
At present, the white route has a higher probability.
$ETH 6.2 Ethereum market analysis Ethereum's overall bullish trend remains unchanged, and the small-level upward trend structure has not formed. It is currently in the B wave of oscillation with a high probability, and there may be a C wave falling to around 3500, so long orders are temporarily out of the market and waiting. #开单建议 The long orders entered at 3750 are temporarily out of the market. If there is a low point around 3500, enter the long order again.
$BTC 6.2 Bitcoin Market Analysis From a big structural point of view, Bitcoin is still bullish. The overall trend is to continue to rise after the consolidation structure ends.
Pay attention to two trend lines: one is the small trend line, 66700 may be a new starting point; the other is a larger level support trend line, located around 63,000.
At present, the small level has not formed an upward trend structure, the price has become a straight line, and a new starting point needs to be found downward. Therefore, long orders are temporarily out, and new starting points will be found after the callback is in place.
#开单建议 Bitcoin long orders near 67500 are temporarily out, and long orders will be entered after the decline is in place. Short selling is not recommended.