Thoughts and Operation Suggestions for BTC/ETH on June 30:

Today marks the end of the month, and the Fed's high interest rate expectations continue to suppress the risk market, with the overall crypto market lacking bullish momentum. BTC has repeatedly tested the 60,000 level but retreated under pressure, with heavy selling pressure accumulating above; although ETH has seen a slight short-term contrarian rise, its market behavior remains tied to BTC, with no independent bullish trend.

Institutional spot ETF funds continue to flow out, the market lacks incremental capital inflows, the rebound is weak, upside space is severely limited, and the overall market is oscillating weakly. At the end of the month, fund rotation is intense, and the US session is prone to large-scale stop-loss wicks, making long positions extremely risky. Today, we will only execute a unilateral short strategy, focusing on rebound-following retracement moves, with light positions throughout and no bottom-fishing for longs.

BTC resistance area around 60,000, ETH resistance area around 1,600. Unless there is a decisive breakout above resistance, all outlook is for a pullback. If volume breaks resistance, then adjust the strategy.

Operation Suggestions

BTC Short: Enter at 59,800-60,200, stop-loss at 60,700, targets 59,000 and 58,600
ETH Short: Enter at 1,595-1,610, stop-loss at 1,635, targets 1,565 and 1,540#Gate完成141只股票股息派发 #Solana生态ANSEM暴涨 $BTC $ETH