6.29 Bears try to test the secondary low, BTC 60,000 support hangs on a thread, ETH reverses against the trend

The evening market reversed from bulls to fall again, and high bulls were washed out again. At present, Bitcoin and Ethereum have fallen to the vicinity of the previous low to test. The overall decline is not very strong. I personally expect it to be a second retracement to the secondary low. This trend is often suspected of inducing shorts. It is recommended that as long as it does not break through the previous lowest point support, the operation idea is to keep the callback to take more. At present, the price has fallen to the lower track, and the bearish momentum has begun to weaken significantly. There is a great chance of rebound. You can choose to enter the market when others are panicking and we are greedy. When no one dares to enter more, we will decisively kill in.

Bitcoin 4-hour chart shows that the price has fallen to the key support of the lower track of the Bollinger band at 60,000. It is currently hovering and fluctuating. In the short term, the probability of a sharp drop is very low. It is expected to test a wave of pins, arrange longs in advance, and wait for the reversal trend to look up.

From the 4-hour chart of Ethereum, although the price is also falling from the upper track under pressure, the current price seems to be about to fall to the bottom of the lower track, but from the previous low point, the low point of each callback is moving up in a step-by-step manner, indicating that the support level is very stable. This trend will basically run in the opposite direction in the future, and it can continue to rise. Real-time guidance precision order: btc0796

BTC operation suggestion:

Go long when it falls back to 59500-60200, target 62500-64500, stop loss 59000

ETH operation suggestion:

Go long at 3340-3380, target 3480-3580, stop loss 3300

It is easy to be affected by emotions when dealing with the market alone, resulting in a long-term situation of more losses and less gains. Friends who are not ideal in operation and can't find a direction can consult on the bus.

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