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6.29-7.3 Summary of Bitcoin and Ethereum Market This Week
Good evening, friends. This week, Bitcoin first faced pressure and bottomed out on Monday and Tuesday. Wednesday brought a turning point, as the price broke the previous low during the day to a new low of 57,758, then bounced off the bottom and began to slowly recover. After stabilizing above the 60,000 mark on Thursday, it effectively broke through the upper resistance level, and this rebound trend continued into Friday and even the weekend, eventually reaching a recent high of 63,450. This week, Ethereum's bullish momentum was quite strong, with the initial pullback being limited, which paved the way for the subsequent rally. Basically, the journey from around 1,550 to the new high of 1,808 was relatively smooth.
The setups this week were not as frequent as last week, and the overall profit was not as impressive as last week's, but we achieved a perfect winning result. Whether it was short-term setups or swings, although the entry positions were not all ideal, the short-term setups all successfully took profit and also found the rhythm of the setups. Our thinking shifted to a bullish view after the price stabilized above 60,000. Although the rise was slow, the direction was correct, and we achieved the effect of going with the trend. This week is coming to an end. I wish everyone a smooth week ahead. Additionally, I want to remind you that strategies are static, so they are for reference only. You must adjust them based on market fluctuations. $BTC #非农爆冷打压加息预期 $ETH