2024.06.07 Friday

After a night of correction, what is the future direction of the market?

=============

① 20:30 US Unemployment Rate for May

② 20:30 US Non-Farm Payrolls for May

1. Daily Chart: After testing the 60,000 support level, the price has maintained above it, and a future correction without breaking this level still indicates an upward trend.

2. 1-hour Chart: After breaking through the 70,000 resistance level, the price continued to rise, and a future correction without breaking this support still indicates a continuation of the upward trend.

II. Ethereum

1. Daily Chart: After testing the 3,100 support level, the price rose again, and a future correction without breaking this key level still indicates an upward trend.

2. 1-hour Chart: After breaking through the 3,750 resistance level, there was some adjustment, and a future correction without breaking this support still indicates a continuation of the upward trend.

I. Bitcoin

1. Yesterday's Viewpoint:

Summary: After a short-term breakthrough of the 70,000 resistance level, the price continued to rise, and a future correction without breaking this support still indicates a continuation of the upward trend. Resistance levels to watch above are 74,000 and 76,600; if broken, it would initiate a correction trend, with support levels at 67,000 and 64,500.

2. Future Trend:

The future trend saw a rise after a correction without breaking the 70,000 support level, reaching a high of 71,714.

II. Ethereum

1. Yesterday's Viewpoint:

Summary: After a short-term breakthrough of the 3,750 resistance level, there was some adjustment, and a future correction without breaking this support still indicates a continuation of the upward trend. Resistance levels to watch above are 3,980 and 4,140; if broken, it would initiate a correction trend, with support levels at 3,600 and 3,450.

Future Trend:

The future trend saw a rise after a correction without breaking the 3,750 support level, reaching a high of 3,869.

I. Bitcoin

Summary: After a short-term breakthrough of the 70,000 resistance level, the price continued to rise, and a future correction without breaking this support still indicates a continuation of the upward trend. Resistance levels to watch above are 74,000 and 76,600; if broken, it would initiate a correction trend, with support levels at 67,000 and 64,500.

II. Ethereum

Summary: After a short-term breakthrough of the 3,750 resistance level, there was some adjustment, and a future correction without breaking this support still indicates a continuation of the upward trend. Resistance levels to watch above are 3,980 and 4,140; if broken, it would initiate a correction trend, with support levels at 3,600 and 3,450.

Join the Pionex community to enjoy the following services:

1. Morning video explanations updated daily;
2. Daily updated text and image viewpoints;
3. Technical indicator analysis and answers in the group;
4. Layout of medium and long-term strategies;
5. High-winning short-term trading strategies for the day;
6. Trading system long and short signals reference software authorization;
7. Enjoy lower transaction fees by joining the community for practical trading;
8. One-on-one or group guidance and answers (by appointment);
9. Multiple learning materials gift package, bid farewell to not understanding;
10. Multiple analysts (lecturers, practical teachers) guide you through the world of cryptocurrency, with seven live courses daily.

(Service content is continuously updated…)

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。