6.19 Bitcoin and Ethereum Market Trend Analysis and Trading Suggestions!

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9 hours ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily chart shows a small bullish candle around 104800, the Bollinger Bands continue to run flat, the MACD moving averages continue to trend gently downward, bearish volume continues to slightly increase, and the KDJ continues to trend downward. On the 4-hour chart, the Bollinger Bands are starting to contract downward, the MACD moving averages are beginning to run flat, bearish volume continues to decrease, and the KDJ line is trending gently upward;

For Ethereum, the daily chart shows a small bullish candle around 2520, the Bollinger Bands continue to run flat, the MACD moving averages continue to trend gently downward, bearish volume continues to slightly increase, and the KDJ line continues to trend downward. On the 4-hour chart, the Bollinger Bands are starting to contract, the MACD moving averages are beginning to trend gently upward, bullish volume is starting to slightly increase, and the KDJ line is starting to trend upward;

Currently, the market is generally in line with expected trends, and the aggressive short positions set up yesterday have taken profit again. The market has been fluctuating, and it is recommended to go long near the support level!

Trading Advice: Go long near support!

Buy Bitcoin at 103500-104000, target 105000-106000, stop loss at 102500;

Buy Ethereum at 2470-2500, target 2550-2600, stop loss at 2430;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

Scan the QR code below to follow our WeChat public account for more real-time market updates!

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