6.20 BTCÐ Market Analysis + Operations



Market Outlook

BTC current price 63,071, down slightly 0.11% in 24 hours, market trading is sluggish, overall narrow fluctuations, the market is resistant to decline, but there is no volume-driven upward momentum for the bulls, short-term sideways correction;
ETH current price 1,703, with a significantly larger decline than BTC, sector funds favor Bitcoin, Ethereum faces heavier selling pressure, and it moves in tandem with Bitcoin's weakness, with higher downward elasticity.

Trading Suggestions

Short-term short on BTC: enter at 63,000-63,300, take profit at 62,800 and 62,500, stop loss at 63,600, position ≤5%
Short-term short on ETH: enter at 1,700-1,715, take profit at 1,690 and 1,665, stop loss at 1,735, #我的Gate交易时刻 position ≤4%
BTC0.22%
ETH-0.29%
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