Monday, Bitcoin, Ethereum, operation ideas!

It dived again in early trading, testing 58,000 and failing to gain a firm foothold, and then fell all the way to the lowest line of 64,200. BTC's short-term gains were restrained, and the main structure of the trend was relatively bearish. However, the pin failed to break through the continuous testing of low points, and the long lower shadow of the 4-hour K-line has taken shape, more like a second dip.

So on the bull side, there is no need to be too pessimistic. Today, focus on the support below 54,000. If it falls below this position, there is still room for decline. During the day, the upper pressure is 57,000 and the lower support is 54,000. In the short term, after a sharp drop in the morning and heavy volume, the rebound stabilized at 55,000 in the afternoon. As long as it exceeds 56,500, the price may continue to rise. In terms of operation, you can arrange more by stepping back slightly in the afternoon.

For Ethereum, the recent buying sentiment is more obvious than that of the big market, but the pace is not very strong. It has been affected by ETFs. The SEC is expected to approve the Ethereum ETF this week. On May 20, the SEC asked the ETF exchange to revise the application. Three days later, the 19b-4 application was approved, but the S-1 application is still pending. ETH has gained 20% during this period. Due to the July 4th holiday, the SEC may delay its decision until the week of July 8th.

If the SEC takes action this week, Ethereum price could rebound. Judging from the on-chain data, Ethereum’s buying is obvious and BTC’s selling is obvious, so the successive dip opportunities below 2900 should be relatively stable. In terms of operation, you can make long gains in both long-term and short-term positions!

Monday pie ether operation strategy!
Big pie, go long on 55000, look at 58000 to 61000 for ideas
Ether, go long 2885-2900, look at 3100-3300 for ideas

The state has taken off in an all-round way, a new beginning, always abide by the market principles, with awe, let's go for it together!
$BTC $ETH $BNB #美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 #Mt.Gox将启动偿还计划 #美联储何时降息？