Wednesday, June 5th, Evening Market Trend Analysis

The logic behind this round of rallying for long positions relies entirely on the complete trend structure + primary capital signals double resonance. After the price fully consolidates and forms a bottom at previous lows, it develops a standard bullish pattern with higher lows and higher highs, with the middle band of the Bollinger Bands continuously trending upward, firmly supporting the upward trend.

During the upward push, the body of the bullish candles keeps enlarging, and when breaking through key resistance levels, the trading volume also effectively increases, enough to indicate that the main bullish forces are actively entering to push higher, rather than a weak oversold rebound.

Once the trend is established, we rely on key support levels to strategically set up long positions, hold the positions to ride the wave, and decisively take profits when reaching the target zone, thereby avoiding the risk of missing out and securely locking in profits from this bullish trend.

Trading Recommendations

Bitcoin: Buy near 81,500, target 83,100
Ethereum: Buy near 2,360, target 2,450