Analyst Chen Shu: 6.16 The range of fluctuations narrows, pay attention to the breakout direction, midnight market analysis / with trading strategy
Market Analysis: Bitcoin maintained a range of fluctuations over the weekend, overall staying within the 10.6-10.45 range. Pay attention to the direction of the subsequent price breakout. If it breaks upward through the 10.6-10.65 price range, it will return to a bullish trend in the short term; otherwise, it will retest the 100,000 integer level. For Ethereum, the fluctuation range is 2600-2480. The daily line has been closing with bearish candles. If it cannot break through the 2600-2650 price range in the short term, it will maintain a weak fluctuation. Just pay attention to the breakout direction of the range.
Trading Strategy (Published at: 01:00):
BTC: Short at 10.6, add to short at 10.66 on rebound, target 10.5/10.45; Long at 10.48/10.4, target 10.55/10.6
ETH: Short at 2570/2630, target 2520/2470; Long at 2470/2430, target 2550/2600
The daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply to each one!
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