June 21 Bitcoin (BTC) Ethereum (ETH) market analysis [daily chart breaks down to a bearish trend], includes strategy order reference

1. Technical Analysis

【Flatbread】

Today, let's first look at the weekly and daily trends of the second coin, and I will explain the first coin tomorrow.

【Two Cakes】

Let’s first pay attention to the weekly situation of the second token. I mentioned half a year ago that the second token would experience a long-term downward correction. Since the end of April this year, when the second token broke through and turned bullish, the momentum for supplementary gains has remained strong. As for the current wave 2 consolidation, we can clearly see that the second token has continuously formed 5 long upper shadows, indicating that the overall trapped positions during the previous downward wave in the domestic market are quite deep. Since the second token has shown signs of correction, and it successfully pierced the lower track of the daily line yesterday, I will discuss that shortly. For the weekly line, we only need to focus on three types of movements: the white line is waiting to fall horizontally, indicating a bottom-building phase here; secondly, we have the correction range we mentioned before, which is between 2240-2140. If it reaches this position, there will be a rebound, but that does not mean the second token will reverse the trend, as there is a high probability that lc will take action. The 4-hour level may form a double bottom or even a triple bottom to consume liquidity, or it may delve into the blue line to explore the range of 1980-1880.

On the daily trend, the closing of the second contract yesterday has already broken through the lower boundary of the previous channel. Therefore, in terms of the overall daily strategy, we look to sell, with 2485 as a key reversal position. If this area cannot be broken, the second contract will still need to explore downwards. Imagine a scenario where there is a horizontal adjustment followed by a rise to 2485 or even 2500, giving a false breakout, and then descending at a good rate to the pullback range of 2240-2140. This is an imagined scenario, and it is also a relatively healthy trend that still needs to be judged in conjunction with weekly analysis. At that time, if the pullback range of 2240-2140 is reached, with the yellow line forming a bottom upwards and the blue line closing to clear buy liquidity before moving further up, we should focus on these two scenarios.

Pressure: 2435, 2475;

Support: 2410, 2385;

3. Trend Orders

(The following is just a simple trend analysis for reference only. Specific data can only be analyzed upon arrival. If you are interested, perhaps you can follow me.)

btc script 1: sell near 104200 (target: 105100); stage 1: 103100; stage 2: 102500; stage 3: 101500

eth script 1: sell near 2470 (support: 2500); phase 1: 2440; phase 2: 2390; phase 3: 2350

eth script 2: buy near 2405 (bamboo shoot: 2778); stage 1: 2435; stage 2: 2460; stage 3: 2480