Director's 1109th original daily market analysis 2023.6.17
1. Market sentiment:
2. Chart structure:
1、#BTC
#BTC 1H structure:
After much anticipation, the expected market finally came out. Yesterday, I said that we should focus on 25600. If it breaks through, there will be a chance to at least touch 26000. As expected, it went directly to 26500, which is still very good. It has reached the lower edge of the falling channel a few days ago, so it is reasonable to rebound. At present, if there is a callback to the 1H downside, it is estimated to be around 25600. At present, this 1H up has not yet ended. So theoretically, there is still a height that can be challenged.
#BTC 15F structure:
It can be seen that this is the third 15F rise, and the strength of the third 15F rise is no longer divergent, so there is a high probability that there will be a fifth rise in the future.
Those who have done it can hold on patiently. There should still be a 15F increase in the future. The strength of the fifth one will have to be seen.
If the divergence is about to occur, it is expected that it will be difficult to break through the position of 26,800.
2、#Ethereum ：
#ETH Structure of 1H:
The trend of Auntie follows the big cake, but the trend of Auntie is still very weak.
There is no complete breakthrough of this center at present. If it breaks through, it is estimated that there will be a 1H decline later, as shown in the figure. Overall, the aunt is much weaker, so everyone should pay more attention to the big cake.
Tips
Investing is risky. Invest with spare money. Remember to never fully invest and do not take out loans. We only provide information, which does not constitute buying or selling advice. You are free to buy and sell at your own risk.
