LYing in the Crypto Circle: June 25 Latest Market Analysis of Bitcoin (BTC) and Ethereum (ETH)

Bitcoin is currently at 60500, dropping from a high of 74250 to around 60K, now hovering near 60500. After falling to 59080, it bounced back, but recently it has been dipping again, feeling like a roller coaster. Many followers are asking whether to bottom-fish or cut losses. First, look at the moving averages—all are above the price, with short-term, medium-term, and long-term trends bearish, meaning any bounce will face resistance from these MAs. The MACD downward momentum hasn't weakened, making it difficult for bulls to counterattack. The Bollinger Bands are more intuitive: the price is now close to the lower band. If it breaks below, a new round of decline may begin; but if it holds, there might be a chance for an oversold rebound.

Short-term strategy reference:

Long entry 60k-59000, stop loss 58000, target 61000 aiming for 62000

Short entry 61500-62000, stop loss 62500, target 60500 aiming for 60000

Ethereum

Before publication, Ethereum is at 1620. The price is currently stuck near the lower Bollinger Band, with moving averages pressing down hard. It feels like bulls and bears are both holding back. Retail investors shouldn't guess the top or bottom blindly. First, see what the indicators signal, and follow the trend to stay steady. The EMA moving averages are bearishly arranged, with short-term EMA7 overhead, medium-term EMA30 and long-term EMA120 acting as three walls blocking upward movement, indicating the downtrend hasn't reversed. The MACD's DIF and DEA are below the zero axis, and although the green bars have shortened, they haven't turned red, meaning momentum is as weak as an engine out of gas. The Bollinger Bands are narrowing, with the middle band at 1671 as resistance and the lower band at 1620 as support. The price is oscillating near the lower band, and a breakout direction is likely.

Short-term point reference:

Long entry 1620, defense 1580, stop loss 1550, target 1660 aiming for 1720

Short entry 1680, defense 1720, stop loss 1720, target 1650 aiming for 1600

The above content is exclusively original by LYing. Please indicate the source for reprinting! The article is published with a delay in review, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the individual. $BTC ‌#苏格兰VS巴西 $ETH ‌