6.28 BTC and ETH Market Analysis

The road ahead is vast and full of promise. Looking back at the previous market, BTC has pulled back from yesterday's high of 60924 to the current price around 59900. Brother Ning has already hinted at this pullback in his live trading. The overall market over the weekend has been in a consolidation pattern, with a range of just over a thousand points. Sticking to Brother Ning's consolidation market strategy, this thousand-point space can be steadily captured!
From the current market perspective, the market has not been able to escape the existing downward pattern. The consecutive bearish daily candles are telling enough. Currently, it is oscillating and accumulating near 60000. Once the accumulation ends, the possibility of the market moving to 66000 increases sharply. Back to the 4-hour level, the three tracks are still turning downward, with the market operating in the middle and lower track region. The previous rebound has failed to break through the previous high to open upward space. It can be seen that there is heavy selling pressure above, and the downward pattern is destined. The subsequent approach remains short at highs!
btc: short near 61000, target 68000
eth: short near 1600, target 1500
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