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21/6 Navigator Market Analysis📊

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Yesterday's market review

Yesterday's precise point was very accurate. The short orders of Bitcoin near 66500 and Ethereum near 3625 both made good profits.

Bitcoin trend analysis current trend

Bitcoin is currently in a downward trend.

key pressure level

To confirm the new direction, Bitcoin needs to break above the 66,500 and 67,000 pressure levels. potential support level

There is the possibility of testing the bottom of 64300 and 63200 again on the daily level. If the price reaches these targets and recovers quickly, the situation may reverse. Ethereum trend analysis current trend

Ethereum fell back to 3490 after hitting around 3625 yesterday, and may consolidate and correct between 3350-3630.

Strong trend

Ethereum’s current trend looks stronger than Bitcoin’s. As long as there is no new low, there is a greater chance of breakthrough.

Summary and suggestions: The next trend needs to be paid close attention to, especially the performance of key support and pressure levels. It is recommended to continue to be vigilant and operate with caution.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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