The article was edited on 2023.6.6 11:40 am. All opinions do not constitute any investment advice! For learning and communication only.
Yesterday, Bitcoin's high was around 27130 and its low was around 25390. After the U.S. Securities and Exchange Commission accused Binance of selling unregistered securities, the market collapsed and Bitcoin fell directly below the lower edge of the previous box at 25800. In the short term, Bitcoin quickly went out of the downward pin market, and almost all long chips were swept away. It is currently in a sideways adjustment. In the short term, it depends on whether the bottoming can be successful. If successful, there is a chance to stand above 26500 again, otherwise it will see 24000.
The daily level closed with a big negative line yesterday, directly taking back the previous gains, directly falling below the MA120 daily line, the K line broke through the lower Bollinger track, the 4-hour Bollinger band was forcibly opened, and the MCAD fell in large volume. In terms of operation, it is recommended to go long with a light position at 25400, with a target of 25700-26000, and go short with a light position near 26000, with a target of 25600-25300. The market changes in a myriad of ways, and the specific operation is mainly based on real-time strategies.
Ethereum's high yesterday was around 1890, and its low was around 1780. Ethereum fell all the way back to around 1870 yesterday morning, and then began to fluctuate sideways. It plummeted due to the news near midnight, and continued to fall below the support level. It hit a low of around 1780 and then quickly rebounded, forming a spike. This wave of decline directly took back all the previous gains. It is currently adjusting sideways around 1800. Short-term attention will be paid to whether the bottoming out can be successful.
The daily level closed with a big negative line yesterday, and began to rebound after touching the MA120 daily line, indicating that the 120 daily line has strong support, and the Bollinger band is moving upward, supported by the lower Bollinger track 1760. The 4-hour Bollinger band opening is forced to open, the K line returns to the Bollinger band, and the MCAD moves downward. In terms of operation, it is recommended to do long with a light position near 1780, with a target of 1800-1820. If it does not break through 1850, you can do short-term short with a light position. The market changes in a myriad of ways, and the specific operation is mainly based on real-time strategies.
Statement: The above content is personal opinion and the strategy is for reference only and is not used as an investment basis. If you follow up, you will bear the risks at your own risk.
