The core data is about to be released, and the battle for the key resistance level of BTC and ETH is about to start!
June 27
BTC: The current resistance level is $61,800, which is also the 4-hour moving average. If it breaks through and stabilizes this level, it indicates that bullish sentiment is gradually increasing; conversely, bullish sentiment may continue to weaken. The support range below is $60,000-58,000-57,000.
ETH: The resistance level is $3,380, which is also the middle line of the 4-hour Bollinger Band. If this small level of resistance cannot be broken, it means that the rebound is only a technical false breakthrough. The support level below is $3,270.
The focus of this week is the core PCE data on Friday night. If the data performs well, it will boost investor sentiment. In addition, the one-year inflation expectations data from the University of Michigan, released at 22:00 in the evening, will also make the market more stable if it is lower than the previous value.
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