Tuesday Morning Jingyi's Analysis

The last day of June, time flies so fast. May all the good things come as expected.
May all the bad things drift away with the wind.

In the early morning, the price oscillated and repaired within a narrow range. Bulls tried to break through the 607 level three times, probing 620-625 but failed to hold under pressure. It looks like a rebound but is actually a bull trap. The selling pressure above is heavy, and chasing longs has extremely low cost-effectiveness.

On the 15-minute chart, the MACD red bars continue to shrink, showing divergence between volume and price. The momentum of the rebound is gradually weakening, and a pullback is more likely after the upward move ends.

Trading Suggestions
BTC: Open short positions in the 605-612 range on a rebound, targeting 595-580, and if broken, look at 550 and 540.

ETH: Open short positions in the 1615-1645 range on a rebound, targeting 1580-1510, and if broken, look at 1450 and 1320.
Logic
Repeatedly pressured and hard to break through; the pullback scenario offers better cost-effectiveness.

#Saylor暗示增持BTC