Gu Jingci: 6.20 Bitcoin/Ethereum successfully verified short then long, continue to enter long on the evening pullback.

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2 hours ago

Follow for updates, earning millions. Hello everyone, I am analyst Gu Jingci. Here I share my views, hoping that each friend who follows can achieve good profits!

Follow the official account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin and Ethereum have seen a pullback these past two days, and there has been some upward movement in the market. Currently, the market has repeatedly tested lower levels without success and has gained effective support below, continuing to focus on the 62000 and 1660 levels. The latest K-line on the 4-hour cycle is a bearish line, with the closing price lower than the opening price, indicating that short-term bullish momentum is weakening and is still in a horizontal oscillation, with the market in a consolidation state. However, during the daytime high, the positions of 63000 and 1710 have been broken multiple times, and the bulls are expected to strengthen.

On the technical indicators, the DIF line and DEA line form a golden cross below the zero axis, and the MACD histogram has turned positive, indicating that short-term bearish strength has weakened and bulls are trying to exert strength. But the golden cross occurs below the zero axis, and the MACD histogram values are relatively small, suggesting that the rebound may face resistance. The weekend market has been rather dull and slow, with overall volatility being small. Continuing to monitor the effective situation of support at the low points of 62000 and 1660.

Evening operation suggestion: Enter long on Bitcoin around 62800 to 63200, with a target of 64500 to 65500; enter long on Ethereum around 1690 to 1710, with a target of 1760 to 1790.

We are here every day, not to prove how high the win rate is, but to tell you that our team is always present, monitoring the market 24/7, professional and reliable. Analysis and strategies are for reference only; risks are to be borne by yourself. The article's review and publication do not guarantee timeliness; please refer to real-time information for specifics! For more strategies, please follow the official account: Gu Jingci

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