6.7 Bitcoin/Ethereum continuous decline, the lost will eventually be recovered!

Bitcoin/Ethereum has ended the multi-day downtrend and is currently stabilizing with a rebound. In fact, the market stabilized yesterday and the day before, with long lower shadows for two consecutive days, but the continuous breaking of lows meant the stabilization was not thorough. Today’s bullish candle is truly a last-minute rescue, and those holding short positions at low levels see it as a final escape opportunity. After several days of decline followed by a rebound and surge, there will be a process of testing lower support levels again. From another perspective, the large one-sided market movements that occur once every few months are basically coming to an end, and the market will be much easier to trade in the upcoming period.
The four-hour and eight-hour timeframes show an rounded bottom rebound structure, indicating the trend is basically stabilizing. Additionally, the four-hour and eight-hour moving average indicators support at around 1580 and 61000 to 61500, respectively. Once the market provides a pullback opportunity, traders can decisively re-enter long positions. If there is resistance above, focus on 66000 and 1780 levels. Patience in the evening for a pullback opportunity and then look for a rebound and rally.
Evening trading suggestions: Buy Bitcoin near 61400 to 61800, target around 63500 to 64000; buy Ethereum near 1590 to 1605, target around #分享美股交易赢英伟达股票 1660 to 1680.