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6.17 Monday noon operation and 🥩 eating strategy
The morning market on Monday fell back to around 66100 and rebounded without giving a substantial breakthrough. The upper pressure is around 67000, and today is the time for the confrontation between the 67000 pressure and the 66000 support. The current market is still in a oscillating range.
6.17 Monday noon analysis
The four-hour market trend as a whole presents a downward channel, and the price has formed a rebound after falling below the support level and touching the lower channel rail after touching the upper channel rail. Therefore, we can see that BTC has once again risen above 66000. After multiple tests of the support below, a rebound structure has been formed. Since the current downward channel has not been further broken, it is possible to trade in the direction of the trend. The support level near 66000 is definitely a good entry point for long positions.
On Monday afternoon, 6.17, BTC, ETH operation suggestions
BTC operation suggestion: long position around 66000-65500, target range of 66900-67900, defend with a stop loss of 600 points