Crypto Circle Li Ying: 6.23 Bitcoin (BTC) and Ethereum (ETH) Latest Market Analysis

Bitcoin is currently at 64,800, and it looks like Bitcoin is about to make a move! After dropping from the high of 67,255 some time ago, it has been gradually climbing in recent days. Indicators like moving averages and MACD are quietly setting the stage, suggesting the bulls are holding back a big move. The EMA7, EMA30, and EMA120 moving averages are all tightly clustered to form a support zone, with the price firmly above them, indicating short-term bullish dominance; also, the upward momentum of MACD hasn't waned; the Bollinger Bands are more visual, with the middle band at 64,254 supporting the price, the upper band at 65,108 as a target, and the lower band at 63,400 as a safety net. Currently, the price is between the middle and upper bands, in a strong zone. Simply put, the trend is upward, but wait for a pullback confirmation before acting—don't chase the high to avoid getting trapped.

Short-term strategy reference:

Buy at around 64,500-64,000, stop loss at 63,500, target 65,000 aiming for 66,000

Sell at around 65,500-66,000, stop loss at 65,500, target 64,500 aiming for 63,500

Ethereum

Before this article was published, Ethereum is at 1,740, and it has been slowly climbing again, but the rise is a bit sluggish. The current price is hovering around the moving averages, with both bulls and bears watching cautiously, feeling like a big move is brewing. Is it going to continue rebounding or test the bottom again? First, look at the EMA lines: the short-term EMA7 and mid-term EMA30 are close to each other, while the long-term EMA120 is still supporting from below, indicating the short-term direction is unclear but the medium- and long-term trend is intact. MACD's upward momentum has weakened but hasn't crossed over, stuck in a state of indecision. The middle band is above 1,735, with the upper band at 1,766 acting as resistance, and the lower band at 1,705 as support. The channel is narrowing, meaning a decision is imminent, and volatility is gathering.

Short-term point levels:

Buy at around 1,730, defend at 1,700, stop loss at 1,650, target 1,750 aiming for 1,800

Sell at around 1,770, defend at 1,800, stop loss at 1,830, target 1,730 aiming for 1,680

All content is exclusively original by Li Ying. Please indicate the source when reprinting! Due to the delay in article review and publication, market conditions change rapidly. The above suggestions are for reference only; trade at your own risk. #预测世界杯法国VS伊拉克 $BTC ‌$ETH ‌