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6.22-6.26 This Week's Bitcoin and Ethereum Market Summary
Good evening, friends. Today, as usual, I will briefly review this week's market from the 4-hour chart perspective. The price first rose from around 63200 on Monday morning, forming four consecutive bullish candles and reaching a high of 65597, which unexpectedly turned out to be the highest point of the week. Then from Tuesday to Wednesday, the price was mainly dominated by bears, with the lowest point already approaching the support level of 59000. Although during Thursday's daytime session, the price rebounded to above 61000, it failed to break through the 62000 mark. That evening, after the US stock market opened, there was another wave of bearish-driven decline with greater volume, not only breaking 59000 but also hitting a new low of 58030. On Friday, volatility was more active during the daytime session, but there was no directional breakout, nor did the so-called "Black Friday" occur.
Let me briefly discuss this week's strategy. On Monday morning, I initially suggested a rebound-to-short approach. Seeing that intraday support was strong and the price couldn't go down, I decisively changed my stance in the evening to target 65500. Tuesday morning was a waiting period. By noon, after the downtrend emerged, I gave a reminder that bears would have a second volume surge to break the previous low. Wednesday saw limited price movement, remaining in a waiting period. In the evening, I suggested a high-short approach with resistance in the 63500-63200 range above the price. Early Thursday morning, I reminded everyone not to chase short positions, but to wait for the rebound to lose momentum before entering. During the daytime, I repeatedly reminded of the resistance range. By evening, I suggested that after the market opened, if there was a volume breakout, to follow directly and target the previous low. Friday's strategy was still mainly bearish, but the market did not move in the trend we wanted. Still, I gave many short-term tips to the brothers during the day. Ethereum followed a downtrend from 1780 to 1510, in sync with Bitcoin's general direction, so I won't go into detailed movements. This week's overall setup was quite satisfactory; only 6 short-term setups incurred losses, while all others hit take-profit targets! For specific content, you can check the updates on the main page. Feel free to ask questions anytime.
Friend, whether you achieved good gains this week or not, and regardless of your mindset this week, I just want to say that this week is almost over. What you should do is adjust your mindset. Don't dwell on past losses and gains; just keep them in mind. A chaotic mind leads to chaotic trading; a calm mind leads to clear thinking. Welcome a better version of yourself. #美光市值超越Meta跻身全美前十 $BTC $ETH