6.29 Evening Market Analysis


Others' eyes are drifting winds, but your pace is the rooted tree. Reviewing the past market, after two days of consolidation over the weekend, the volatility gradually expanded. Today, it continued the weekend's consolidation, with the highest point reaching 60346 and the lowest around 58905, showing a rebound within a range. The short idea given on Sunday was perfectly realized in the early morning hours. Follow Brother Ning's rhythm to steadily seize every wave of the market!

From the current chart, the price has once again tested the 60,000 resistance level, forming a long upper shadow. It is clear that the resistance above is distinct. Only if the price breaks above this level will there be potential for further upward movement. Until then, the strategy remains shorting at highs. In the short term, after testing the resistance level, the price retreated under pressure and lacks the momentum to open the upside channel further. There is an expectation of another test of 58,000. So our short-term strategy is very clear: short directly at the current price, targeting 58,000!

btc: short near 60300, target 58000

eth: short near 1590, target 1550#0成本拿2股SK海力士 $BTC $ETH
BTC1.76%
ETH3.58%
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