6.8 Today's Silk Road Analysis Reference



BTC rebounded to around 635-640, entering a consolidation, with a stop above 645, first target 620, second target 610

ETH rebounded to around 1700-1720, entering a consolidation, with a stop above 1740, first target 1650, second target 1620

Early morning yellow-haired guy said "I call the shots," and the market directly shot from 615 to 642. Someone shouted that the bull is returning quickly, and Brother Tong just said: The market is driven by mouth, what can it rely on when mouth is stopped?
Looking at the market, it fluctuates around 631, the rebound strength is insufficient, it didn't even hold above 642, this is just the main force using news to cover up the dump. The weekly chart still shows a head and shoulders pattern, and the daily chart hasn't even broken above the middle band, indicating the trend hasn't changed, and the rebound is just the head taking a breather.
The idea remains unchanged: follow the trend south, wait for the rebound to reach the resistance zone. Don't be misled by short-term fluctuations, the market is notorious for stubbornness and forgetfulness. #比特币回升5% #交易CFD送黄金 #分享美股交易赢英伟达股票 $BTC $ETH
BTC-2.62%
ETH-3.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned