Friday morning Jingyi's idea: short on bounce



Time flies quickly. June is about to end. At the beginning of the month, on Children's Day (June 1st), BTC fell to 60,000. Before the end of the month, it's already at around 50k. With a range of tens of thousands of points, no matter what, we should take a bite, right? Alright, let's take a look at the chart.

From a technical structure perspective, on the 4-hour cycle, BTC has shown a unilateral downtrend, continuously making new lows. The MACD bearish green bars continue to expand, with sufficient downward momentum; KDJ is at a low level, only showing slight oversold signs. The current small bounce is just a corrective move after a sharp decline. The bearish trend has not reversed. Follow the trend and prioritize shorting on rebounds.

BTC short-term first resistance: 615–619, second resistance: 628
Short-term first support: 580, strong support: 570

ETH short-term first resistance: 1620–1660, second resistance: 1700
Short-term first support: 1530, strong support: 1500

Trading ideas
BTC: When it rebounds to the 608–619 range and stalls, directly place a short order, target 580, break below look at 570, 550

ETH: When it rebounds to 1590–1660 and meets resistance, short, target 1530, break below continue to look at 1500, 1420

Follow the trend, strictly set stop-loss, do not go against the trend to bottom-fish.

#0成本拿2股SK海力士
BTC-3.15%
ETH-4.87%
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