🧐Lunchtime Market View on June 30🧐

$BTC View:
BTC's price action seems like it hasn't had enough of the weekend, why is it so volatile? Like an old ox pulling a mill, it never leaves this circle⭕. BTC has challenged the resistance at 60693 three times but has not successfully stood above it, as indicated by the red arrow above. Why can't it break this level?
For example: if you opened a long at 60693 and have been trapped for a month, now that the price is back near your cost, would you run or not? That's the idea. Every time it reaches 60693, there are many sell orders, so it can't break through. Another reason is that the current bullish momentum is not that strong. A resistance level tested three times without a breakout is difficult for BTC to break on its own; it needs external positive news to push through, otherwise it will continue to consolidate within the range. Now an M-top has formed within the range, with the neckline around 59084. As long as the pullback doesn't break this level, the hourly M-top won't be confirmed, and it won't retest the previous low. However, if it retests 59084 again, the rebound must break the resistance at 60693, otherwise the previous low will not hold. Because support at 59084 has also been retested many times, and each time the rebound failed to make a higher high. A retest of 59084 again will definitely break it, leading to a test of lower levels to activate buying below before a rebound. In short, remember that BTC cannot continue its uptrend without breaking 60693, and if it breaks below 59084, it will test the previous low at 58030.
If BTC breaks above 60229 with volume, go long on the right side to ride the rebound; otherwise, wait for a rebound to 61802-62929 and set up a half-position short on the left side, with stop loss at 64268 and take profit at 60706-59062.
On the hourly level, if BTC breaks and holds above 60229, look upward to 60816-61802; if it can't hold above 60229, it's useless.
On the 4-hour level, if it breaks below 59055, look downward to 58030-57147.
Upper resistance: 60229-60816-61802
Lower support: 59066-58031-57147
$ETH Thoughts:
If ETH breaks above 1607 with volume, go long on the right side, and if it retraces, stop loss.
If ETH breaks below 1583 with volume, go short on the right side, and set a stop loss.
If it retests 1535 and confirms support, open a long position.
If it breaks below 1503, stop loss.
On the hourly level, if ETH holds above 1607, look upward to 1638-1660.
Above ETH, watch for 1681; if it reaches, go short.
If it breaks above 1715, stop loss.
See comments section.

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