Wednesday, June 24th, Zhongling Morning BTC/ETH Market Update



Yesterday's overall bearish outlook was perfectly fulfilled! Bitcoin hit the 2400-point target, and Ethereum hit the 100-point target. From the daily chart structure, it continues to close lower, and the bearish trend has been established with clear continuity. Although there is some technical correction in the short term, the rebound strength is obviously insufficient, and the overall remains in a downward consolidation pattern, not changing the dominant bearish setup. As the lows are gradually moving lower, the step-by-step decline is still progressing, with a stable short-term downward rhythm, and there is a high probability of further pullback today. In terms of strategy, maintain the idea of rebounding to short, with Bitcoin target unchanged at 61,500-60,000, $BTC and Ethereum target at 1,600!
BTC0.82%
ETH1.34%
SOL1.08%
View Original
post-image
post-image
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments