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
ETH-0.36%
BTC-1.84%
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EchoesOfMistValley
· 11h ago
High-altitude thinking is not wrong, but isn't the range of 60500-61000 too narrow? When it actually reaches around 61000, will you dare to add to your position?
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LatencyMonk
· 11h ago
Followed. Auntie put in a small order at 1635, set a stop loss at 1680, aiming for 1555.
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SunshineCollector
· 12h ago
The high point of 60666 in the early morning is quite interesting—it feels like the main force is testing selling pressure. If the intraday rebound doesn’t have enough volume, short it.
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0xTeaTime
· 12h ago
It's quite risky to short at this level. What if it's a fake breakdown and rebounds? How many points should the stop loss be set above 61000?
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