June 24 Cryptocurrency Market Analysis 【U.S. Stocks】 Today Micron Mu reported earnings, Brother Qiang assesses that the earnings will exceed expectations and profits will also increase, especially gross margin. The core issue remains the same: in the AI era, after GPUs, there will be explosive growth in storage. Data centers are still under construction and have not reached obvious saturation, so the focus is on earnings digesting profits and bubble issues. Looking at MU at 1500-2000【Bottom-Fishing Trilogy】bottom oscillation waiting for a false breakdown. The rise in ETH and BTC has widened, which is a good sign. Once again, the bottoming out, Brother Qiang suggests going long on ETH. Conclusion【Oscillation and Rest】Strategy: ✅ The coin price repeatedly oscillates ✅ 1️⃣ Market 【BTC ETH】 Current key support levels: 【BTC】 Short (holding position) open: around 62,800 stop loss: 63,200 take profit: 60,000 【ETH】 Short (holding position) open: around 1,670 stop loss: 1,700 take profit: 1,600 【BTC】【ETH】 Exit short positions after further decline and profit-taking, before Micron’s earnings are announced, there is still fear of further decline. After earnings are announced, see if the tech sector still dominates the market. If this helps you, please give Brother Qiang a like 👍 + follow. All opinions are personal views only, not investment advice. DYOR

ETH-3.99%
BTC-4.19%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments