Crypto Zhongliang: June 27, Early Morning BTC/ETH Market Insights

CN
2 hours ago

On Friday, there is no doubt that we took another opportunity to short, with no real danger! Because indeed this week's decline has been substantial, Bitcoin has broken below the 60,000 mark, and then dipped below the recent low of 59,000, reaching a low of 58,000 on Thursday. Today, Friday, it did not break the low, with a minimum around 58,300. Zhong Liang provided a high position of 60,500, easily allowing for a profit of 2,000 points. The second Bitcoin let everyone short at 1,580, with a minimum retracement near 1,520, managing to gain 50 points on the downside. It was another day of a successful short, making Zhong Liang seem like an everlasting earning master. However, there is no choice; recently it has been all shorts, all profits, continuously shorting and earning, starting from the high point of 66,000 and adding shorts at 67,200, and the second Bitcoin coming down continuously from 1,850. It would be difficult not to profit!

It is Saturday now, and the market tends to consolidate and oscillate, reducing the space and opportunities for trading. You must not try to force a position. The viewpoint remains unchanged; bet on rebound long positions, just like defusing a bomb with bare hands, the risk is too high, it's really better to give up! Focus on the resistance levels above and control your positions, just short from high! For a big rebound, only long positions can achieve significant profits; for a small rebound, you can just grab a short and run!

The rebound strength of Bitcoin is still not significant, the 4-hour Bollinger Band's middle track has not been touched, and currently, the upper track on the hourly chart is under pressure. Although the upper track has opened upwards, the RSI has begun to flatten, and the bullish power of MACD is also insufficient. A rebound is a good thing; otherwise, where would there be opportunities to enter high shorts!

For Bitcoin, pay attention to the resistance above at 61,000 and 62,500, and participate in shorting around here, with support below at 60,000, 59,000, and 58,000.

For the second Bitcoin, pay attention to the resistance above at 1,610 and 1,670, and participate in shorting around here, with support below at 1,540, 1,500, and 1,450.

Vision can surpass the current situation, enabling one to see life goals. Life is an ongoing process of cultivation! Eyes can only see the present; vision can see the future. The journey of investment is long, and perhaps along the way, I cannot provide you with too much warmth, but there is a phrase called "doing my best." I have never believed that investment can make you rich overnight; this is unrealistic, and there are no guarantees of profit. Smooth and steady investing is always accompanied by losses. Your vision determines how far you can see; your patience determines how far you can go.

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