Gujingci: 6.13 Bitcoin/Ethereum Trading Strategy and Market Analysis

Bitcoin/Ethereum have been fluctuating within a narrow range these days, with volatility gradually decreasing, and the trend of bulls and bears is weak, with resistance above and support below.
Our strategy yesterday was to set up short positions on rallies; the market only rose briefly and then fell back, with the lowest points around 63,300 for Bitcoin and 1,650 for Ethereum.
The space is not large. However, since the bottoming and rebound, the lows have been gradually rising.
Although volatility is narrowing and the market is oscillating within a narrow range, there is some stabilization, and this sideways consolidation after bottoming and rising is also conducive to a trend breakout.
Subsequently, pay attention to key supports at 62,000 and 1,600 below, and recent highs at around 64,500 and 1,720 above.
Breaking through these levels could open the next trading range.
Trading suggestions:
Buy near 62,800 to 63,300 for Bitcoin, targeting around 64,500;
Buy near 1,650 to 1,660 for Ethereum, targeting around 1,710.
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 manage your own risks.
The article is not updated in real-time; please refer to live data for specifics! #我的Gate交易时刻 #TradFiCFD黄金大师赛 # World Cup prediction: USA vs. Paraguay