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Bitcoin and Ethereum midday trading suggestions and trend analysis: 6/7
In the past two days, Bitcoin and Ethereum have fallen more than expected, with the market leaning bearish and the charts showing a downward trend. However, Bitcoin at 60,000 and Ethereum at 1,500 are key support levels. Until these levels are effectively broken, oversold conditions may lead to a technical rebound, most likely resulting in a sideways correction market.
Trading references:
• Bitcoin: Buy in batches at 60,000-61,000, target 62,000, 62,800
• ETH: Buy in batches at 1,500-1,550, target 1,620, 1,650-1,700
Tip: Market conditions change rapidly; the above is only personal opinion sharing and does not constitute investment advice. Please manage risk carefully $ETH in your operations.