Kejingci: 6.8 Bitcoin/Ethereum key levels to watch for long-short reversals



Last night, Bitcoin/Ethereum's layout at 1605 and around 61400 to 16800 had long ideas, with a surge to 64400 and 1720 successfully exiting early in the morning. In fact, the bottleneck clearly mentioned last night that during the rapid decline, there was some stabilization, and during the rebound, there were two good shorting opportunities, namely around 64000, 66000, and near 1680 to 17000, 1780 to 1800. During the early surge, there was also an opportunity to go long first and then short, and later, during the stabilization and upward trend, focus on the resistance below 66000 and 1800 for shorting opportunities.

The 4-hour candlestick pattern shows a large bullish candle with a long upper shadow, after which the price faced selling pressure near 1720 and 64500. Subsequently, two 4-hour candles are both bearish, but they did not fully engulf the previous bullish candle's gains. The 4-hour and 8-hour moving averages still show an upward turning trend, with support levels moving higher. Focus on short-term support around 1600 and 61500; if the pullback remains above support, continue to go long.

Trading suggestions: Buy near 61800 to 62300 for Bitcoin, targeting 64000 to 65000; buy near 1620 to 1640 for Ethereum, targeting #分享美股交易赢英伟达股票 1700 to 1730.
BTC0.56%
ETH1.15%
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sheSh
· 57m ago
Steadfast HODL💎
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sheSh
· 57m ago
Just charge forward 👊
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GuJingci
· 3h ago
Buy the dip 😎
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GuJingci
· 3h ago
Just charge forward 👊
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