The article was edited at 10:30 am on June 7, 2023. All opinions do not constitute any investment advice! For learning and exchange purposes only.
Yesterday's high was around 27355 and the low was around 25350. , after experiencing a sharp decline, the market adjusted sideways during the day yesterday. In the evening, it inserted the pin downward again, washing out the bargaining chips. Then it began to rise, directly breaking through the 26500 line, and all the previous declines were wiped out. It took it back and returned to the previous shock range. It is currently trading around 27,000. In the short term, we will pay attention to the 27,500 pressure and 26,500 support.
The daily level closed out the Dayang line yesterday, and the K line returned to the Bollinger Bands, suppressed by the upper Bollinger track of 28,000. The 4-hour level emerged from the double bottom structure, and the Bollinger Bands began to run parallel. Supported by the middle Bollinger track of 26,600, MCAD increased in volume. In terms of operation, the callback is mainly for long positions. It is recommended to go long if the price does not break through 26500. The target is 27000-27500. If it goes up to 27500 and does not break, the position can be short for short position. The market situation is ever-changing, and specific operations are based on real-time strategies.
Ethereum's high yesterday was around 1898 and its low was around 1797. Ethereum adjusted sideways during the day yesterday, and fell back in the evening to lure shorts. Then it began to rise and directly broke through the 1850 pressure, closing all the previous declines. It has gone back and is currently trading around 1880. In the short term, we will pay attention to the pressure of 1930 and the support of 1850.
Although the daily level closed the big positive line yesterday, the volume and energy have not kept up. The Bollinger Bands are running upward, supported by the Bollinger Middle Track 1850, and the 4-hour Bollinger Bands are running parallel, under pressure from the Bollinger Upper Track 1930. In terms of operation, you can call back to buy long. It is recommended to step back to 1850 without breaking the short position and go long, with the target of 1880-1920. If 1930 is not broken on the upside, you can go short in the short term. The market situation is ever-changing, and specific operations are based on real-time strategies.
Disclaimer: The above contents are personal opinions. The strategies are for reference only and are not used as investment basis. If you follow up, you are responsible for your own risk.
