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6.29 Monday BTC/ETH Latest Operation Suggestions
From the current chart, after a significant pullback in recent trends, there are clear signs of support being touched. The resistance at 58,000 is relatively strong, and it has been effectively recovered after being touched. Due to the two-day weekend market closure, the trend has entered a state of continuous oscillation. Although there has been a slight pullback this morning, the bottom support remains valid. Operations can focus on going long at support levels!
From the 4-hour chart, after touching the lower Bollinger Band, there is clear resistance. The KDJ is forming a golden cross moving upward, and the MACD continues to release bullish momentum. As long as the 58,000 mark is not broken, going long is the main strategy. The bullish trend remains strong, prioritizing long positions!
Suggestions:
BTC: Long at 58,000-58,500, target 60,500-61,000
ETH: Long at 1,520-1,540, target 1,580-1,600#btc