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June 28 BTC/ETH Morning Market Report: Conflict escalates again, Bitcoin under pressure and retreating. Is $62k a short-term unreachable dream?
The US-Iran situation has escalated again and again. Can't they just sit down and talk properly? How nice it would be to live in peace, everyone living a stable life, isn't that good!
Conclusion first: any bounce is a chance to short, do not consider any futures long positions for now! For detailed analysis, continue reading below👀
Yesterday, the Bitcoin price bounced back to the 60900 level. Many people think the opportunity has come again, and the charlatans have led their followers to bottom-fish with 100x leverage. I think bottom-fishing is fine, but it should be done with spot positions in batches, not with leverage. I believe there is still some room for retesting, but the intensity may not be as fierce as before, maybe just a drop of a few thousand dollars! Or from around 53,000 to around 43,000.
Yesterday's article mentioned shorting Bitcoin near 61200, but no entry opportunity was given. However, internal members still entered a short order directly at 60800 at the current price. For Ethereum, the short order at 1602 had its highest rebound to 1610 and has been entered. So let's continue to hold patiently. Today, continue to maintain the short-at-highs strategy!
Last night's article gave analysis of macro news and the pattern of the halving cycle, clearly pointing out that the true bottom is in September-November (spot can be accumulated in batches a bit early). So I won't elaborate too much here; just refer to the resistance levels above to lay out batches directly. Today's approach is a bit aggressive. Everyone must remember to control your positions and trade with light positions!
Bitcoin upper resistance: around 60800~61200, lower support to watch: around 58600~57500~55500~53000
Ethereum upper resistance: around 1685~1620~1650, lower support: around 1500~1450~1400~1350
Note: participate with light positions, preserve your ammunition. The opportunity is right in front of you. If you have already laid out spot positions in advance and are still trapped, do not be discouraged. Hold on, the dawn is not far away!#0成本拿2股SK海力士 #美光市值超越Meta跻身全美前十 #哥伦比亚VS葡萄牙