Good morning everyone, I am Mo Lu, a new week, a new beginning~

I am now sorting out the news for today and this week. Please pay more attention. There are still many things to do this week.

 

Impact of the news:

1. Mentougou incident. I believe everyone has seen a lot of reports when reading the news last month that Mentougou will start distributing repayments this week. For specific information, please pay more attention to the news.

2. Ethereum ETF. The U.S. SEC may approve the spot Ethereum ETF as early as July 4. The specific time has not yet been determined, but it should be announced sometime this week. This will have a great impact on the trend of Ethereum.

3. Non-agricultural data. Will be released this Friday (8:30 p.m. Beijing time)

Note: I only collect news that has a greater impact on the market, because there are other news. Of course, other news does not have a big impact on the market as a whole, so I will not collect them specifically.

personal opinion:

This week will definitely be an eventful period. I personally think that if the victims in Mentougou get compensation and sell their goods directly, it will be a negative impact. After all, the amount of funds is too large, so we need to pay more attention to how the victims will operate specifically.

Secondly, if the Ethereum ETF is approved, similar to the Bitcoin ETF approved at the beginning of the year, then Ethereum will surge at some point in time, which is a good thing. As for whether it will surge, we will wait and see. I personally think it will surge.

However, I will not say much about the non-agricultural data. After all, this is not something we can control. You can just pay attention to it.

Personally, I think that if the Mentougou and Ethereum ETF incidents are combined, a hedging state will be formed. Let me elaborate on this. If there is a large amount of selling, it will cause the market price to fall rapidly, and there will be oversupply. The Ethereum ETF will take advantage of the market price drop, and institutions will buy up chips at low prices. This is a good way for institutions to buy chips. I am just worried about whether the Ethereum ETF will be delayed or something like that.

So whether my personal opinion will be the case, we still need to look at it in detail to verify whether my idea is correct.

This week’s analysis:

Excluding the news, remember to exclude the news, from the current perspective, the general trend this week is bullish.

According to a more conservative analysis, the overall market will be in the 60,000-66,000 range this week, and Ethereum will be in the 3,300-3,600 range. Of course, this is good news for Ethereum itself, and it may go to 3,700 or even higher.

Daily Analysis:

This morning the market suddenly surged. From the current point of view, the upper pressure of the market is around 63,000, and the lower support is around 61,800. The upper pressure level of Ethereum has come out, the pressure level is around 3,460, and the lower support level is around 3,380.

Contract strategy:

BTC, short around 63000, stop profit around 62000. On the contrary, long around 61800, stop profit around 63000.

eth small short near 3450, take profit near 3390. On the contrary, small long near 3380, take profit near 3440.

Note: This strategy is only for those who like to play short-term/short-term trading. At the same time, remember to set a stop loss according to your personal position. It is better to take a small loss than to hold an order!

If the change direction is right, you can continue to hold it.      For the convenience of my family, if you need to analyze other currencies, please leave me a message at any time

$BTC $ETH

#BTC走势预测 #Mt.Gox将启动偿还计划 #BTC☀ #ETH🔥🔥🔥🔥 #以太坊ETF批准预期

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