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6.21 Market Brief
Previously, all long positions on Bitcoin at 62,500 and Ethereum at over 1,670 were closed profitably, Bitcoin surged to 64,500, Ethereum reached a high of 1,749.
Market momentum is weakening, and the weekend is likely to see narrow fluctuations, so do not chase longs in the short term; consider shorting on rebounds.
Trading ideas:
Bitcoin: Short in batches around the rebound levels of 64,500-65,000, first watch 64,000, then 63,500.
Ethereum: Short in the resistance zone of 1,750-1,770, short-term support at 1,720, and support at 1,700.
Reminder:
Liquidity is poor over the weekend, trade with small positions and stop-losses, avoid heavy positions, and follow real-time prices. $BTC $ETH