June 13 BTC/ETH Market Morning Report -- Market May See a Turnaround

In the blink of an eye, it's the weekend. This week, we moved from high to low, with the market fluctuating widely between 64,000 and 61,000. The highest rebound was around 64,300. From a small timeframe perspective, there are signs of a breakout. Currently, the highs are gradually rising, and the lows are also moving upward, indicating a certain upward demand. If it stabilizes above 64,000, it may trigger a 2,000 to 3,000-point rebound. This is mainly thanks to the recent easing of the US-Iran situation, with a peace agreement about to be signed. That's good—fewer wars mean less suffering. May the world enjoy lasting peace! As for everyone's biggest concern—our short positions this week—if we follow the previous targets near 64,300 for the high and 17,17 for the high, both aiming for 61,000 and 16,10 respectively, and have already reduced or closed positions as per the article's suggested partial profit-taking, then the remaining small positions can continue to gamble or be protected for capital preservation. Regarding the Bitcoin short around 64,000 mentioned in yesterday's article, we are currently slightly profitable. For heavy positions, reduce some immediately. The ETH short at 1710 has not yet provided an entry opportunity. Over the weekend, it's better not to trade. If you really can't control yourself without positions, consider small positions to gamble on another high. Heavy positions are not recommended because there is a high probability of a direct breakout, followed by a batch of short positions being wiped out, then a final deep dip to bottom out, which will mark the start of a new bullish rally! Everyone should seize this rare opportunity for a comeback!

Key resistance above is between 64,000 and 65,000. If the market cannot stabilize effectively, it's a good time for short positions. To stabilize, one must admit mistakes and exit promptly. Support levels below are around 63,200, 62,300, 61,000, and 59,300. Bottom-fishing points are near 53,000 to 45,000.

For Ethereum, focus on the key resistance zone around 1,690–1,710–1,740. Support levels below are around 1,610–1,580, 1,500, and 1,450. The bottom position is around 14,444–1,122.

Note: Keep light positions on short trades above. Bottom-fishing positions are for spot trading. This week's market has mainly oscillated within this range—no breakout above or breakdown below. Support and resistance remain at those levels. Continue to monitor the latest developments between the US and Iran, as they will influence the short-term #我的Gate交易时刻 trend!