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June 27 BTC/ETH Morning Market Report: Weekend market is light, execute according to planned entry points.
It's the weekend, everyone resting at home? There shouldn't be much volatility in the market. Shorting all the way down this week has been very profitable. From the highs of 1780 and 65500, shorts have been green all the way. ETH hit a low near 1510, BTC hit a low near 58000. Congratulations again to those who followed the trades!
From the chart, there are signs of a continued rebound. The daily candle formed a Pin Bar, which may signal a small rebound. The lower Bollinger Band is gradually opening, indicating further downside potential. The moving averages above remain bearishly aligned, so we are not considering a counter-trend bottom pick. The MACD green histogram is shrinking toward the zero line, and the fast and slow lines are about to form a bearish cross. The smaller timeframe indicators show signs of a continued rebound. In summary, the weekend strategy remains to short on bounces.
BTC:
Focus on resistance near 61200~62700~63700, target support below 60500~59000~58000~57500~55500
ETH:
Focus on resistance near 1600~1620~1660, target support below 1520~1450~1433
Be careful with light positions. Special times, special moments, be cautious! #0成本拿2股SK海力士 #美光市值超越Meta跻身全美前十 #哥伦比亚VS葡萄牙