Zhou Yanling: June 10 Bitcoin BTC Ethereum ETH Today's Latest Market Trend Analysis

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周彦灵
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5 hours ago

 Zhou Yanling: 6.10 Bitcoin BTC Ethereum ETH Latest Market Trend Analysis

Yesterday's short positions and target levels were perfect, it was another happy day. Now Bitcoin has dropped below 61,000, but it hasn't broken the support at 60,000, so this pullback is becoming interesting. Bitcoin is currently stuck around the 60,900 position, and the drop is truly frustrating. The overall trend is still determined by bears, although the indicators are oversold, it looks like it's not able to drop further, but there are still no bottom signals. The 60,000 mark must be closely watched; if it doesn't go down, it's expected to fluctuate upwards again, and if it does drop, then 59,000 is the last defense line. The four-hour chart is slowly stabilizing, showing signs of a slight rebound, but don't have too high expectations, as there is significant resistance above, and if it rises, it will likely drop again. During this period, be prepared for a prolonged battle with fluctuations. The one-hour short-term outlook is slightly warming, and in the short term, check if it can push towards the 61,800 to 62,500 range; if it can't go up, it's still looking at a pullback.

Zhou Yanling 6.10 Bitcoin:

1. Short from 62,800-62,000, stop loss above 65,500, target 60,300-59,500

2. Long from 59,500-60,300, stop loss below 58,700, target 61,700-62,500

Zhou Yanling 6.10 Ethereum:

1. Short from 1,690-1,660, stop loss above 1,720, target 1,630-1,600, continue to look down towards 1,560

2. Long from 1,600-1,630, keep space for adding positions around 1,560, stop loss 30 points, target 1,670-1,700

【The above market analysis is for casual reference only and does not constitute investment advice!】

The content of this article is exclusively shared by senior analyst Zhou Yanling (Public Account: Zhou Yanling 8), the author has been engaged in financial market investment research for more than ten years, currently mainly analyzing and guiding BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contract/spot operations, with a solid theoretical foundation and practical experience, skilled in combining technical and news operations, focusing on capital management and risk control, operating style is steady and decisive, and recognized by many investment friends for a easy-going and responsible personality with sharp and decisive operations.

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