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Gu Jingci: 6.28 Bitcoin/Ethereum Operation Strategy with Market Analysis
Bitcoin/Ethereum have stabilized after the previous rapid decline. Our previously arranged long positions at 1550 have risen as expected to around 1610 and 61000. Now they are pulling back again, with the lowest levels overnight around 59800 and 1560. Overall volatility is not large. However, the daily chart has stabilized. Now it depends on whether the short-term levels of 1580 to 1600 and 60500 to 61000 can break through and hold. Once they break through and hold above 1600 and 61000 again, the market will see further rebound and rally. Conversely, if they fall below 59000 and 1550, the market will continue to oscillate weakly.
Operation suggestion: Go long near Bitcoin 59500 to 60000, target near 61500 to 62000; go long near Ethereum 1550 to 1570, target near 1620 to 1650, stop loss at 58800 and 1540.
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