A brief discussion of my views
Bitcoin (BTC) rebounded after a sharp drop on June 25. It rose to around 62,400 yesterday morning and then began to pull back. The overall market sentiment is good, and there is no panic or greed, so operations can be carried out according to normal technical aspects.
After a day of correction, digital currency showed certain signs of stabilization. The key today is to focus on multi-party opportunities!
BTC analysis and operation suggestions:
BTC currently has a good support effect around 60,700. If the price can run above this level, and the 4-hour MACD indicator shows that the line segment is close and not entangled, it will rush directly upward, which will be the best time to enter the market.
According to the analysis of the small K-line level, BTC has two possible ways to rebound:
1. Continue to oscillate in the range of 60,700-61,000. If it does not fall below the substantial support around 3 pm, the bulls may increase their positions.
2. If BTC falls to around 60,400 again and rebounds after receiving support.
Today's operation suggestions: Observe the stabilization of BTC, mainly considering long operations.
- First support level: 60469
- Second support level: 59800
- First resistance level: 61600
- Second resistance level: 62330
ETH analysis and operation suggestions:
ETH has risen 4 consecutive positive lines at the 30-minute level, and its performance is stronger than BTC. Recently, the market tends to be long on ETH and Solana projects. As long as BTC does not fall sharply, ETH's rising pattern will not be reversed.
Today's operation suggestions: Focus on the long opportunities of ETH and Solana altcoins, and pay attention to the important support level of ETH.
- First support level: 3356.21
- Second support level: 3334.72
- First resistance level: 3408.24
- Second resistance level: 3425.76
The above suggestions are for reference only, and investment should be cautious. As the market fluctuates, it is recommended to adjust and manage risks in a timely manner.
