At present, from the daily level, Bitcoin fell to 58,000 and then rebounded to above 60,000 and stabilized. It has been in a narrow range of fluctuations in the past few days, with a pressure level of 62,500 and a support level of 60,000. Ethereum fell to 3,200 and then rebounded to above 3,350 and stabilized. The pressure level is 3480-3500 and the support level is 3350. At the 4-hour level, the rebound strength of Bitcoin failed to recover the starting point after the decline. It is constrained by the 62,500 line in the short term. The next constrained node is 63,500, which can be regarded as a trend reversal signal. Once it breaks, the bulls will start again. On the contrary, if the 60,000 mark is broken, the bearish trend will continue. For the time being, the 58,000 line is considered. Similarly, Ethereum is constrained by the 3450-3480 line, and the 3350 line below is regarded as a bearish trend continuation signal. If it breaks, the 3200 line will be considered;

As described in the analysis given in the previous article, this wave of bearish trend is basically within expectations. It has been suggested that you go short at highs. Bitcoin Ethereum will return to the 60,000 and 3350 lines again. At present, it is encountering resistance and shock adjustment in the short term, but I personally think that the bearish trend has not yet been completed, and the follow-up will still be mainly high-altitude;

Operational ideas: The current bearish trend in the market has encountered resistance and failed to continue. The overall situation is in a narrow range of shocks. It is recommended to operate at high altitudes and low-multiples in the future!

Bitcoin short at 61800-62300, target 60800-60000, loss above 62800;

Ether short at 3420-3450, target 3350-3300, loss above 3480;

Strategies are time-sensitive, and specific private real-time guidance is the main focus!

Professional team gold medal analyst Ruoyu, focusing on contract trading guidance, follow the WeChat public account Biquan Ruoyu, and learn about real-time market analysis and operation ideas! #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #MiCA #币安合约锦标赛 #Mt.Gox将启动偿还计划 #以太坊ETF批准预期