27/6 Navigator Market Analysis📊
Bitcoin (BTC) recent trend
Bitcoin continues to be suppressed by EMA7, and the focus is now on whether the second bottom appears on the four-hour chart. Current analysis
EMA7 Suppression: Bitcoin is suppressed below EMA7, and its breakthrough needs to be closely watched. Four-hour chart: Pay attention to whether the second bottom on the four-hour level is formed to confirm a potential rebound. Recent trend of Ethereum (ETH)
Ethereum may complete all short-term liquidation of long and short positions, form a false breakout diamond pattern, and complete a large-scale arc top, after which it may rebound through a bullish bat pattern. Current Strategy
Open short order: Open short order near 3425.
Stop loss: effectively stand at 3445 (fifteen-minute level) Take profit: 3400, 3385, 3365, 3340, 3285, 3265 Open long orders: Open long orders near 3265 (if it falls directly and does not rebound to 3425).
Stop loss: effectively fall below 3240 (hourly level) Take profit: 3285, 3305, 3328, 3348
Summary and Recommendations Bitcoin
Current strategy: Continue to observe the performance of Bitcoin under the pressure of EMA7 and whether the second bottom on the four-hour chart is formed. Key support and resistance levels: Pay close attention to the performance of key support and resistance levels, and make corresponding operations based on small-level trends.
Investors are advised to remain vigilant, pay close attention to market trends, strictly implement stop-loss and take-profit strategies, and operate with caution.
If you found the analysis helpful, please like and share it!
