June 26 evening BTC/ETH market wrap: Bitcoin tests the 58k mark again—bulls need to watch these key levels!
At the end of the article, I’ll share spot layout suggestions. Read through carefully—you’ll have a surprise. During the day, Bitcoin tested the 60,700 area. Following our view from the early report—shorting at 60,000–60,500—price dropped to the 58,388 level and started to rebound. Ethereum’s highest rebound reached 1,685.7, precisely matching the 1,680 short from the early report, before touching the 1,520 level. Throughout the move, there were plenty of profit opportunities!
I won’t give overly detailed levels at midnight, because any precise levels behind them come from me staying up countless nights watching the chart. It doesn’t get exchanged for everyone’s one sentence of appreciation— even a single “received” would be a bit of comfort for my selfless effort, you know? Sigh! For now, I’ll just provide an approximate range afterward, so I don’t have to be so exhausted!
Same as always: although I’ve been leading you to continuously take big profits with short positions lately, the recent period has been a special time and a key phase. Bears shouldn’t get too complacent. The probability of a turnaround is still relatively high, so I keep emphasizing: participate with light positions—light positions!
There’s not much to discuss on the indicators now. Let’s get practical!
Bitcoin: Watch the upside resistance near 61,222–62,700–63,700. On the downside, watch 60,0500–59,000–57,500–55,500.
Ethereum: Watch upside resistance around 1,602–1,622–1,666. On the downside, watch 1,520–1,490–1,440.
Starting spot layout: (light position, staged entries) for the swing
Bitcoin to watch: 55,400–52,500–45,000.
Ethereum to watch: (1,433–1,380)–1,120.
These spot layout suggestions are only for swing trading—don’t take the position size too heavily. Most likely, there will be a rebound for about a month; after reaching a high point, then we’ll continue to probe deeper. Personal opinion, for reference only. #以太坊跌5.6%至1555美元 $BTC
$ETH
At the end of the article, I’ll share spot layout suggestions. Read through carefully—you’ll have a surprise. During the day, Bitcoin tested the 60,700 area. Following our view from the early report—shorting at 60,000–60,500—price dropped to the 58,388 level and started to rebound. Ethereum’s highest rebound reached 1,685.7, precisely matching the 1,680 short from the early report, before touching the 1,520 level. Throughout the move, there were plenty of profit opportunities!
I won’t give overly detailed levels at midnight, because any precise levels behind them come from me staying up countless nights watching the chart. It doesn’t get exchanged for everyone’s one sentence of appreciation— even a single “received” would be a bit of comfort for my selfless effort, you know? Sigh! For now, I’ll just provide an approximate range afterward, so I don’t have to be so exhausted!
Same as always: although I’ve been leading you to continuously take big profits with short positions lately, the recent period has been a special time and a key phase. Bears shouldn’t get too complacent. The probability of a turnaround is still relatively high, so I keep emphasizing: participate with light positions—light positions!
There’s not much to discuss on the indicators now. Let’s get practical!
Bitcoin: Watch the upside resistance near 61,222–62,700–63,700. On the downside, watch 60,0500–59,000–57,500–55,500.
Ethereum: Watch upside resistance around 1,602–1,622–1,666. On the downside, watch 1,520–1,490–1,440.
Starting spot layout: (light position, staged entries) for the swing
Bitcoin to watch: 55,400–52,500–45,000.
Ethereum to watch: (1,433–1,380)–1,120.
These spot layout suggestions are only for swing trading—don’t take the position size too heavily. Most likely, there will be a rebound for about a month; after reaching a high point, then we’ll continue to probe deeper. Personal opinion, for reference only. #以太坊跌5.6%至1555美元 $BTC
$ETH