6.24BTC/ETH falls back after breaking a new high, watch out for a big adjustment before rising again

趋势思想 · 2023-06-24T02:18:54.000Z

On June 14th, I was reminded to ambush the first-line spot purchase of 25,000 in the pie. I also reached the low point of this round of rise, and I was very full. The day before yesterday afternoon, the entire network was bullish on BTC 29700-29500, and saw that the 31000 line was all out. The same analysis of Ether gives a long view around 1870-1850, and the target is reached around 1920-1930! The analysis released at 00:40 in the morning said that the second rise relied on the high point of 31500 to defend and adjust for the fall, and the trend smoothly reversed. You can check the historical verification ideas! From a technical point of view: the daily line collects Dayang with a lead, and the trend is strong. The long lead indicates that the high point area is relatively suppressed, and the second rush has not continued to break through. It is expected that there will be a rebound test in the past two days. Whether the breakthrough is valid, as long as the price cannot stand above 31300, the false breakthrough will be established, and then we can see a wave of downward adjustments and corrections.

On June 14, I reminded people to ambush and buy in advance at the 25,000 spot level on Bitcoin, and I also took advantage of the low point of this round of rise, and I made a lot of money.
The day before yesterday afternoon, the entire network publicly showed that BTC 29700-29500 was bullish, and it was seen that the 31000 line was all sold out. The same analysis of Ethereum gave a bullish view around 1870-1850, and it was seen that the target would be reached around 1920-1930!
At 00:40 in the morning, the analysis was released, saying that the second rise relied on the high point of 31500 as a defense to see a decline and adjustment, and the trend smoothly fell back. You can check the history to verify the idea!
From a technical perspective: the daily line closed with a big positive line with an upper lead, and the trend is strong without any negotiation. The long lead shows that the high point area is under great pressure, and the second surge did not continue to break through. It is expected that there will be a rebound in the next two days to test whether the false breakthrough is valid. As long as the price cannot stand above 31,300, the false breakthrough will be established, and we can see a second wave of decline adjustment and correction.
The first area of ​​adjustment is at 30200-29800. The second area is at 29500-29000.
In the short term, if it rebounds to around 31000-31200 and there is a false breakthrough, we can continue to be bearish. The short-term bullish position focuses on the 30200-29900 area.
ETH's ups and downs are still not keeping up with the rhythm. Will it continue to fall back at 1930? The suppression here is very obvious, and it is also the high point of the previous test. ETH still has the opportunity to usher in a round of compensatory demand in the future market, which is expected to come when the big cake adjusts to sideways, which is worth paying attention to. In the short term, it continues to rely on the false breakthrough of 1930 to adjust the short-term. The strong support below is 1850-1830. If the support is tested, it can still be bullish.
Please note that the trend remains bullish and unchanged. It is not a peak reversal. The rise is too fast, and there is a decline adjustment caused by long positions closing their profits and short positions liquidating!
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