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6.30 Bitcoin/Ethereum Morning Strategy
Early morning market review: Bitcoin maintains high-range volatile movement, hitting a high of 60666, with the current short-term trend weakening.
Looking at the current market trend, bears still hold the initiative in the market. Although there has been a slight short-term rebound during the day, the price has consistently failed to hold the key resistance zone. The upper pressure area has not achieved a solid breakout, making it difficult to reverse the overall bearish trend.
Trading strategy continues with the original rhythm: wait for the price to rebound to the resistance zone, then follow the trend to place short positions.
Bitcoin: Enter short in the 60500-61000 range, target looking at the 59000 level
Ethereum: Enter short in the 1635-1665 range, target the 1580-1555 area #BTC