The super Central Bank week is coming, can it take off again this week? 6.16 BTC ETH strategy.
Before the latest escalation of geopolitical tensions, traders increased their bets on the Federal Reserve cutting interest rates. Although these bets slightly receded on Friday, the money market still expects the Federal Reserve to cut rates twice before the end of the year. This week is Super Central Bank Week, waiting for the Federal Reserve's decision!
On the daily chart, the weekend closed with one bearish and one bullish candle, both with long upper shadows. The Bollinger Bands are severely contracted, and the price has fallen below the 20-day moving average, with no breakthrough after three days of testing. Both MACD and KDJ have death crosses pointing downwards, and there is a slight increase in volume. Additionally, the weekly candle has formed two consecutive doji stars, closing below the 5-day moving average. Therefore, without any significant positive factors this week, Conan suggests primarily shorting the market! The resistance levels to watch above are 106300, 107500, 109000, and 110000, while the support levels below are 104000, 103000, 102000, 101000, and 100000.
6.16 BTC operation strategy: Aggressive traders enter short at 106000-106300, conservative traders enter at 106700-107000, with a stop loss near 107500. The target is around 105000-104000; if broken, look for 103000-102000; continue to hold if it breaks further, depending on the situation!
6.14 ETH Trading Strategy: Aggressive traders short one lot on a bounce at 2550-2580, while conservative traders enter at 2610-2630, with a stop loss around 2650. The target is around 2500-2470-2450, and if it breaks, watch for 2430-2400. Hold on for further breaks based on the situation!
Long position idea: During the day, buy one lot of BTC on the pullback at 102500-103000, with a stop loss at 102000. The target is around 104000-104500-105000. If it breaks, hold and watch the situation!
ETH retracement 2430-2450 for one lot, defending near 2400, targeting around 2480-2500-2540, and moving stop loss based on the situation after breaking!
Geopolitical risks are escalating, and there are internal conflicts within the U.S. Currently, unless the Federal Reserve urgently lowers interest rates or funds continue to flow in, it will be difficult to reignite a bull market. Last week, those who shorted gained a lot of space, and I believe friends who followed along earned quite a bit. This week, I will temporarily maintain the high-level shorting strategy, so everyone should be cautious about bottom fishing!
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The super Central Bank week is coming, can it take off again this week? 6.16 BTC ETH strategy.
Before the latest escalation of geopolitical tensions, traders increased their bets on the Federal Reserve cutting interest rates. Although these bets slightly receded on Friday, the money market still expects the Federal Reserve to cut rates twice before the end of the year. This week is Super Central Bank Week, waiting for the Federal Reserve's decision!
On the daily chart, the weekend closed with one bearish and one bullish candle, both with long upper shadows. The Bollinger Bands are severely contracted, and the price has fallen below the 20-day moving average, with no breakthrough after three days of testing. Both MACD and KDJ have death crosses pointing downwards, and there is a slight increase in volume. Additionally, the weekly candle has formed two consecutive doji stars, closing below the 5-day moving average. Therefore, without any significant positive factors this week, Conan suggests primarily shorting the market! The resistance levels to watch above are 106300, 107500, 109000, and 110000, while the support levels below are 104000, 103000, 102000, 101000, and 100000.
6.16 BTC operation strategy: Aggressive traders enter short at 106000-106300, conservative traders enter at 106700-107000, with a stop loss near 107500. The target is around 105000-104000; if broken, look for 103000-102000; continue to hold if it breaks further, depending on the situation!
6.14 ETH Trading Strategy: Aggressive traders short one lot on a bounce at 2550-2580, while conservative traders enter at 2610-2630, with a stop loss around 2650. The target is around 2500-2470-2450, and if it breaks, watch for 2430-2400. Hold on for further breaks based on the situation!
Long position idea: During the day, buy one lot of BTC on the pullback at 102500-103000, with a stop loss at 102000. The target is around 104000-104500-105000. If it breaks, hold and watch the situation!
ETH retracement 2430-2450 for one lot, defending near 2400, targeting around 2480-2500-2540, and moving stop loss based on the situation after breaking!
Geopolitical risks are escalating, and there are internal conflicts within the U.S. Currently, unless the Federal Reserve urgently lowers interest rates or funds continue to flow in, it will be difficult to reignite a bull market. Last week, those who shorted gained a lot of space, and I believe friends who followed along earned quite a bit. This week, I will temporarily maintain the high-level shorting strategy, so everyone should be cautious about bottom fishing!