6.30 Morning Market Analysis

With faith in your heart, you can go far. Flowers don't bloom forever, but there are always blooms in the four seasons. A good mindset is the best remedy. Looking back at the early morning market, Bitcoin once again surged to test the upper resistance level before continuing to oscillate and consolidate, reaching a high of 60,758. The wide-range oscillation has shifted to a narrow-range consolidation, and the short-term has entered a phase of accumulation. The short positions given in the evening were perfectly realized, with the market declining as expected to around 59,000, securing nearly 1,000 points of profit and exiting!

From the current chart, on the daily level, with the closing of a bullish candle, the market has entered a phase of bottom-finding and rebound repair. It can be seen that each rebound starts from the lower band and runs to the middle band, where it meets resistance and pulls back. Now the price has touched the lower band, and there is an expectation of a return to the middle band area. On the short-term level, the three bands are opening upward simultaneously. With the gradual increase in volume, the bulls are gradually taking the lead. The consolidation is just a process of accumulation. After the consolidation ends, it is likely to open an upward channel. For the rest of the day, the strategy is to focus on buying the dips, patiently waiting for the market to return to lower levels and go long directly, looking for a breakout above!

BTC: Long near 68,900, target 61,500

ETH: Long near 1,560, target 1,670#TradFiCFD黄金大师赛 $BTC $ETH