Li Mingyang 6.9 Evening 15-Minute Candle Market Analysis + Trading Strategies

ETH 15-minute cycle: Price sharply retreated from a high of 1713.82, bottomed out at 1653.13, then rebounded and recovered from the lows. MA5 (1674.72) > MA10 (1672.59) > MA30 (1677.49), indicating a short-term short-term moving average turning upward, while medium- and long-term moving averages still face resistance.

Current price 1675.60, aligning with the short-term moving average, in a rebound and consolidation zone after a decline. The MA30 above is the key resistance, and the previous low of 1665.26 below is a strong support.

BTC 15-minute cycle: High at 63689.6, sharply declining, bottomed at 62392.5, then weakly rebounded, with the overall bearish trend unchanged.

MA5 (62650.0) < MA10 (62646.1) < MA30 (62918.6), all moving averages are in a bearish arrangement, with the long-term moving averages continuously pressing down on the price.

Current price 62543.1, consistently below all moving averages, with very weak rebound strength. Resistance layers above, and the previous low of 62392.5 below is a critical support.

ETH Long Position
Entry point: Stabilize around 1672 to go long
Stop loss: Below 1664
Take profit: First target 1683, second target 1690

ETH Short Position
Entry point: 1678-1680, enter short if resistance holds
Stop loss: Above 1685
Take profit: First target 1665, second target 1655

BTC Long Position
Entry point: Around 62400, hold previous low, stabilize, and lightly try long
Stop loss: Below 62350
Take profit: First target 62900, second target 63100

BTC Short Position
Entry point: Around 62900, under moving average resistance, enter short
Stop loss: Above 63150
Take profit: First target 62400, second target 62200

ETH rebounds after decline, with a sideways bullish correction, oscillating within the upper and lower moving average zones—high shorting and low longing, no chasing orders.

BTC remains in a bearish trend; all rebounds are weak corrections. Follow the trend for shorting, mainly ultra-short-term speculation, strictly with stop-loss.

All positions must strictly adhere to stop-loss rules, no holding through losses, no contrarian increasing positions.

⚠ Personal opinion, not investment advice. Cryptocurrency trading carries high risk. Please operate cautiously. $BTC