Blockchain Liangqiu: Analysis of Bitcoin/Ethereum Operation Strategies at Night on June 12

Bitcoin/Ethereum surged again at night with the help of CPI data. So far, Bitcoin has reached a high of 69,960, close to the 70,000 mark. According to the current trend, it is also a high probability event to break through 70,000 at night. Ethereum has reached a high of around 3,657. The overall trend is indeed strong under the favorable data, and our short-term layout in the white market has directly become a counter-pointing direct stop loss exit. After the current market rises, we first need to pay attention to whether the daily line and the previous high point of Ethereum 3,680 and the big cake 70,500 line can effectively break through and stabilize, which needs to be viewed step by step.

At present, after Bitcoin/Ethereum rose rapidly in the evening, it entered a high sideways state again. The market has also tested the market up and down many times. In the short cycle, the pressure level and support level are not broken, and it can be properly sold high and bought low when it hovers around such important points. From the daily chart, the resistance above still exists when the price is sideways at a high level. If the price wants to rise better, it must repair the market and accumulate strength. It is not advisable to chase the market at such a critical node. The evening market can focus on the high and fall.

Operation suggestion: Directly enter the market with a short position when the current price of Bitcoin is around 70,000, with a target of around 68,000 to 68,500; Directly enter the market with a short position when the current price of Ethereum is around 3,645, with a target of around 3,540 to 3,570, and the stop loss can be placed at 70,800 and 3,690. #BTC #ETH $ETH $BTC