6.30 Midday Market Analysis


Slow is fine, small steps are fine, as long as you are moving forward. In the crypto world, stability in all decisions is more important than anything else. After a short-term consolidation in the early morning, the market experienced an expected pullback, giving us an entry opportunity. The market continues to fluctuate repeatedly within a range. As I said before, since the entry opportunity is given, just go long decisively. All entry and averaging-down points were provided in advance. Following this wave of movement ensures a solid profit!

From the current chart, the daily level consistently hugs the lower band, with little room left below. As the three bands open up, it is evident that the subsequent market volatility is gradually expanding, with a strong upward expectation. In terms of strategy, we still look to the middle band area first. If it breaks through, we then look to higher levels. In the short term, the subsequent pullback lacks volume support, and the retracement space is quickly recovered. The lower support is gradually moving up. After consolidation and accumulation, a new round of upward pattern will emerge!

btc: near 59000 long, target 61500

eth: near 1560 long, target 1660#0成本拿2股SK海力士 $BTC $ETH
BTC1.14%
ETH5.62%
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