6.27 Saturday Midday Market Analysis


BTC and ETH bottomed out earlier and then started a continuous oscillating recovery. After a small short-term surge, they faced pressure and consolidated slightly. Bulls are slightly dominant but upward momentum is slowing.
The 1-hour cycle has completed bottoming and forms an oscillating upward structure. BTC high 60733.9 and ETH high 1594.00 simultaneously peaked and then pulled back slightly. BTC lowest dropped to 58480.0, ETH lowest touched 1520.52. The current market is in a continuous repair oscillation after a sharp decline. The bulls are slightly strengthening with buying support on the market. Each pullback has buying support. The bearish trend on the larger timeframe has eased. The short-term is in an oscillation-bullish phase. Today is Saturday, the weekly candle is about to close, and the overall volatility over the weekend will not be large.
BTC trading suggestion: Short near 60500, take profit 60000, stop loss 61000.
ETH trading suggestion: Short near 1585, take profit 1570, stop loss 1600.
BTC2.31%
ETH3.04%
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爱理财的卷心菜投手
· 7h ago
After each sharp drop in ETH, it quickly pulls back up. It is estimated that there is strong liquidity below.
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