June 12 Market Analysis
Viewpoint: Wait for a rebound before going short
Although there is no sign of a stop in the decline, it is not recommended to go short here, waiting for the next signal to appear.
BTC: The daily line is 38.2% of the previous wave of rise, and yesterday's closing price was also above 67,300. Yesterday's lowest position of 66,000 was 38.2% of the monthly line last month.
ETH: Half a grid weaker than Bitcoin, the daily line retracement 50% position is 3385, and the monthly line retracement 50% position last month was 3397.
Today's daily closing will determine the next stage of operations.
