6.28 BTC & ETH Morning Analysis: Short on Rebound



Last night's market surged then fell, with bears dominating the breakdown. Although there was a brief stabilization at lower levels, the overall weakness is evident, typical of a pump-and-dump pattern.

The current slight rebound is merely a correction within the downtrend, with heavy resistance above and no reversal momentum. The overall direction remains bearish. Strategy: persist in shorting on rebounds, do not blindly bottom-fish.

Trading Suggestions:
BTC: Short in batches on rebounds to 60500-61000, stop loss near 61500, targets sequentially at 59600-59300.

ETH: Short in batches on rebounds to 1585-1600, stop loss near 1630, targets sequentially at 1545-1520.
$BTC $ETH
BTC-0.68%
ETH-0.55%
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MoMo'er
· 06-28 08:09
$BTC Trendline Breakout Entry Method: Core Logic for Precisely Capturing Big Moves

Want to achieve stable profits through trend trading? Master this "Trendline Breakout Entry" strategy, and lock in the perfect entry timing in just three steps:

Identify valid breakouts: When the price breaks above or below a trendline, do not blindly chase the move. Wait patiently for a retest, and confirm the reversal's validity by combining it with key support/resistance levels for resonance verification.

Filter false breakouts (core rule): Remember three filtering conditions: First, the breakout must be on a real candlestick — the closing price must firmly stand outside the trendline. Second, the breakout must be accompanied by significantly increased volume; only capital-driven moves are true breakouts. Third, on the daily timeframe, at least two candlesticks must confirm the breakout to effectively avoid wick noise.

Entry and risk management: After confirming the breakout, precisely locate the "buy long" or "sell short" entry point. Strictly set a stop loss and adhere to a minimum risk-reward ratio of 1:3.

Trading mantra: False breakouts are often what cause the most losses in the market. Strictly following the filtering rules will significantly increase your win rate and lead to steady profits.
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APointOfInjury
· 06-28 05:19
Quick, get on board!🚗
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CaptainChenOfTheEncryptionTeam
· 06-28 03:10
6.28 BTC & ETH Morning Thought Analysis: Rebound to Sell Again

Last night, the market surged and then pulled back. With the bears taking the lead, it broke down and moved lower despite a brief stabilization at the lows; overall weakness is clearly evident, forming a typical pattern of a squeeze to lure buyers before a sell-off.

The current modest rebound is only a correction in the middle of a downtrend continuation. There is heavy resistance overhead and no momentum to support a reversal. The bigger picture remains bearish. As for strategy, we will continue to short on rebounds and will not blindly buy the dip.

Trading suggestions:
BTC: Rebound to 60500-61000, scale into limit orders in batches. Place the stop loss around 61500. Targets to watch in sequence: 59600-59300.

ETH: Rebound to 1585-1600, scale into limit orders in batches. Place the stop loss around 1630. Targets to watch in sequence: 1545-1520
$BTC $ETH
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