Gu Jingci: 6.9 Bitcoin/Ethereum Bull and Bear Battle is Obvious, Short-term Rebounds Still Possible

The two long and one short strategy for Bitcoin/Ethereum in the past two days successfully captured over 6,000 points and 200 points of space. Currently, the market has pulled back after spiking yesterday evening, with obvious resistance above. It has been clearly explained in the past two days that the overall market after a rapid decline on the daily chart is relatively easier to trade, as long as you can seize the opportunity. The latest four-hour candlesticks show clear selling pressure forming between 1700 to 1720 and 64000 to 64500, forming a short-term top structure, confirming a short-term correction.

Additionally, although the DIF and DEA lines on the 4-hour and 8-hour charts are negative, they are moving upward. The MACD histogram continues to decrease, indicating that the short-term rebound momentum is weakening, with potential signs of bearish divergence. Moreover, the moving average indicators, which had turned upward support at 1580 to 1600 and 61000 to 61500 a few days ago, are now turning downward under pressure. The upper moving averages are constrained by short-term resistance at 63500 to 64000 and 1680 to 1700. The trend suggests continuing to short on rallies.

Trading Suggestions: Continue short positions near 63000 to 63500 for Bitcoin, with a target around 62000; continue short positions near 1670 to 1690 for Ethereum, with a target around 1610 to 1630.

We are here every day, not to prove how high our win rate is, but to tell you that our team is always here, monitoring the market around the clock, professional and reliable. Analysis and strategies are for reference only; please bear the risks yourself. The article's review and publication do not guarantee timeliness; please follow #美股AI概念股普涨 real-time data!