6.15 Bitcoin Morning Thoughts and Strategy:



Inspired by the positive news of the protocol implementation in the morning, the market has entered a strong upward trend.

The price has sharply broken through the upper band of the Bollinger Bands, with the Bollinger channel rapidly expanding, indicating a strong short-term bullish momentum and a very aggressive upward pace. All cycle moving averages are turning upward simultaneously, completely reversing the previous bearish pattern, with solid support at the bottom, and overall upward momentum is abundant. The MACD indicator's red bars continue to lengthen, fully releasing bullish energy, while bears have basically lost their fighting ability.

However, the short-term rally has risen too quickly, and the indicators have entered overbought territory, leaving room for a correction and recovery. It is not recommended to blindly chase long positions. The main focus should still be on high short positions and supplementary low long positions.

For Bitcoin, consider shorting near 65,800-66,500, targeting 64,500-63,500. If it breaks below, look further down to 63,000-62,500. Conversely, if it rises, consider entering low long positions.

For Ethereum, short near 1,740-1,780, targeting 1,700-1,650. If it breaks below, look further down to 1,600. Conversely, consider entering low long positions.

Personal advice, for reference only, mainly rely on actual market conditions, keep good defense, and avoid holding large positions. $BTC $ETH #我的Gate交易时刻 #TradFiCFD黄金大师赛 #预测世界杯德国VS库拉索 #Marvell大涨超11%领涨芯片板块 #美PPI创两年半新高
BTC4.70%
ETH10.40%
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