Gu Jingci: Bitcoin/Ethereum successfully confirmed a long position after a short sell on 6.20, and continued to rise after a pullback in the evening.



The recent pullback in Bitcoin/Ethereum has also led to some upward movement. Currently, the market has tested lows multiple times without breaking, and has found effective support below. Going forward, focus remains on the 62,000 and 1,660 levels. On the 4-hour chart, the latest candlestick is a bearish candle, with the closing price below the opening price, indicating that short-term bullish momentum is weakening and the market is still consolidating and oscillating. The market is in a sideways state. However, during the daytime rally, the price broke through and tested the resistance levels at around 63,000 and 1,710 multiple times over the past two days, suggesting bullish strength may be increasing.

From a technical indicator perspective, the DIF and DEA lines have formed a golden cross below the zero axis, and the MACD histogram has turned positive, indicating that short-term bearish momentum is weakening and bulls are attempting to gain strength. However, since the golden cross occurred below the zero line and the MACD histogram values are small, there may be resistance to the rebound. The weekend market has been quite dull, moving slowly with relatively small overall volatility. Continue to monitor whether the support levels at 62,000 and 1,660 remain effective.

Evening trading suggestions: Enter long positions near 62,800 to 63,200 for Bitcoin, targeting around 64,500 to 65,500; enter long positions near 1,690 to 1,710 for Ethereum, targeting around 1,760 to 1,790.

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's review and publication do not guarantee timeliness; please refer to real-time data! #我的Gate交易时刻 #美伊谈判推迟 #预测世界杯德国VS科特迪瓦
BTC1.40%
ETH1.88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
I'mGoingCrazyTryingToGetMy
· 6h ago
Chong Chong GT 🚀
View OriginalReply0
GuJingci
· 7h ago
Buy the dip 😎
View OriginalReply0
GuJingci
· 7h ago
Get in quickly!🚗
View OriginalReply0
GuJingci
· 7h ago
Just charge forward 👊
View OriginalReply0
  • Pinned