Today, the weekend market fluctuations have slowed down. The rebound target for Bitcoin given the day before is also near the second target level of 1060, and the altcoin is also adjusting near the second target level at the same time. Therefore, during the day, we will participate in grid trading through range fluctuations.
Considering the trend from the day before, Bitcoin is currently operating within the range of 1040-1060. If there is a minor pullback from today's high without breaking below 1050, it will rebound to test the resistance at 1060. If it breaks through, we will continue to look towards the 1070-1080 area. Meanwhile, the 1060 level serves as a key resistance line; if it cannot break through during the pullback, we will need to consider a high short position, with the initial target set around the previous low of 1025.
The adjustment for the second aunt should first look at the area around 2540. If it breaks that level, then look at the area around 2500. If it doesn’t effectively break below 2540, then watch for a rebound to test resistance. The upper target should first look at the area around 2580-2600, and if that breaks, then sequentially look at the areas around 2620-2660.
Overall, the Silk Road suggests combining real-time market conditions to trade within a range, first looking for a buy on the pullback, then going short on the rebound. Pay special attention to the pressure situation above during the rebound, and be ready to adjust your defense at any time. #Gate BTC链上质押收益百分之三##BountyDrop上线 Gate Wallet##Alpha 积分节12期开启#
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6.14 Saturday
Good afternoon, everyone!
Today, the weekend market fluctuations have slowed down. The rebound target for Bitcoin given the day before is also near the second target level of 1060, and the altcoin is also adjusting near the second target level at the same time. Therefore, during the day, we will participate in grid trading through range fluctuations.
Considering the trend from the day before, Bitcoin is currently operating within the range of 1040-1060. If there is a minor pullback from today's high without breaking below 1050, it will rebound to test the resistance at 1060. If it breaks through, we will continue to look towards the 1070-1080 area. Meanwhile, the 1060 level serves as a key resistance line; if it cannot break through during the pullback, we will need to consider a high short position, with the initial target set around the previous low of 1025.
The adjustment for the second aunt should first look at the area around 2540. If it breaks that level, then look at the area around 2500. If it doesn’t effectively break below 2540, then watch for a rebound to test resistance. The upper target should first look at the area around 2580-2600, and if that breaks, then sequentially look at the areas around 2620-2660.
Overall, the Silk Road suggests combining real-time market conditions to trade within a range, first looking for a buy on the pullback, then going short on the rebound. Pay special attention to the pressure situation above during the rebound, and be ready to adjust your defense at any time. #Gate BTC链上质押收益百分之三# #BountyDrop上线 Gate Wallet# #Alpha 积分节12期开启#