Li Ying in Crypto Circle: Latest Market Analysis of Bitcoin (BTC) and Ethereum (ETH) on June 30

　　
　　Bitcoin current price 59800. From the chart, the previous sharp drop shattered market sentiment. Although it has stabilized a bit now, it's clear that bulls lack the strength to counterattack. The current market is typical dead time, with major players grinding patience. Technical indicators show the moving average system is in a bearish arrangement, the overall trend is still downward. The MACD indicator shows a technical repair after oversold conditions, not a reversal signal, with weak momentum. Bollinger Bands are running between the middle and lower bands. Although the opening has contracted slightly, the middle band at 60465 forms a direct resistance level. As long as it cannot effectively stand above the middle band, the overall pattern remains weak oscillation, and it may test the bottom again at any time.
　　
　　Short-term trading ideas:
　　
　　Long entry: 58000-57000, stop loss 56500, target 59000 aiming for 60500
　　
　　Short entry: 61500-62000, stop loss 62500, target 60500 aiming for 60000
　　
　　Ethereum
　　
　　Before publication, Ethereum current price 1575. The trend is both unsettling and somewhat hopeful. The price seems to have found support near 1510, no longer making new lows, and has started to consolidate horizontally. The current price 1579 is exactly stuck in the entanglement of several moving averages, like a spring compressed to its limit, storing energy. This moment tests patience the most, major players are washing out positions. Technical indicators show the moving average system is currently in a sticky state after a bearish arrangement, the overall trend hasn't fully reversed. The MACD indicator is a typical repair signal after a bottom divergence, indicating that downward momentum is exhausted. The upper and lower bands of Bollinger Bands are rapidly contracting, and the price is running near the middle band, which is usually a precursor to a change in trend. Once it breaks above the middle band with volume and holds, the upside space will be opened.
　　
　　Short-term point reference:
　　
　　Long entry: 1540, defense 1500, stop loss 1450, target 1600 aiming for 1650
　　
　　Short entry: 1650, defense 1700, stop loss 1750, target 1600 aiming for 1550
　　
　　The above content is exclusively original by Li Ying. Please indicate the source for reprinting! The article is published with a delay in review. The market is changing rapidly. The above suggestions are for reference only, and you bear the risk yourself. $BTC ‌#预测世界杯巴西vs日本 $ETH ‌