Analyst Chen Shu: On June 23, the price once again retraced and fell below the 100,000 mark. Midnight market analysis / with trading strategy attached.

CN
5 hours ago

Analyst Chen Shu: On June 23, the price once again retested and fell below the 100,000 mark, midnight market analysis / with trading strategy

Market Analysis: Bitcoin has once again retested and declined overnight, directly falling below the 100,000 mark. The daily line is currently trending lower, with support to watch at the weekly MA30 moving average around 95,500. In the short term, the 4-hour chart is currently showing a large bearish candle, and the price rebound has not surpassed the MA5/10 moving averages. Attention should be paid to subsequent price stabilization signals. As for Ethereum, the daily line is about to drop to the MA120 moving average around 2,140. Watch to see if it can stabilize at this level; if it cannot, it may test the 2,000 dollar mark below. The overall trading logic suggests focusing on signals of stabilization before considering long positions.

Trading Strategy (Published at: 00:00):

BTC: Short at 100,000, add to short at 101,000, target around 2,000 points, wait for stabilization signals to go long.

ETH: Short at 2,230, add to short at 2,280, target around 2,150, wait for stabilization signals for long positions.

The daily analysis strategy has a very high win rate! Analysis is not easy, so I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below; I will reply to each one!

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