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6.18 BTC Thinking
Market outlook
24-hour all-around decline, BTC down 2.49%, ETH down 3.26%, decline accompanied by increased trading volume, market selling pressure is being released, short-term bullish support has failed, Ethereum's resilience is weaker, the decline is much stronger than Bitcoin, short-term market is dominated by bears, rebound strength is weak, no signs of stabilization for a long position for now, trading only based on shorting rebounds, avoid chasing shorts at low levels.
Trading suggestions
BTC: Short in batches at rebounds of 64800-65200, stop loss above 65600, take profit at 63500, target 62800;
ETH: Short in batches at rebounds of 1770-1800, stop loss at 1830, first target 1690, second target 1640; #我的Gate交易时刻 $BTC $ETH