6.26 Bitcoin and Ethereum Midday Market Analysis and Strategy:



After a brief small stabilization during the day, bearish forces were unleashed again, pushing prices to new lows. The temporary halt in decline was only a brief pause during the downtrend, with no sign of a trend reversal. The current weak pattern is completely clear; every small rebound only creates opportunities for bears to enter.

From the 4-hour candle chart, the Bollinger Bands continue to open downward, and the KDJ indicator keeps moving lower. The downward channel is fully open, and the weekly level continues to maintain a bearish downward form. The overall one-sided downtrend shows no sign of a turnaround. The risk of bottom-fishing against the trend is extremely high now; a slight mistake will lead to deep losses, and you must never blindly catch a falling knife.

The momentum for a bullish counterattack has dried up, and the rebound space will be suppressed layer by layer. The operational approach continues to follow the trend and go short, waiting for prices to slightly bounce back to the resistance zone before deploying short positions in batches, patiently holding and waiting for the next round of decline.

Bitcoin operation: Short near 59000-59500, first target 58050, if broken, continue to look for new lows.

Ethereum operation: Short near 1555-1570, target 1520, if broken, continue to look for the 1500 mark.

Strictly manage risk controls; do not hold positions against the trend or trade with heavy leverage.
#BTC #ETH
ETH-4.00%
BTC-1.63%
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