June 25 BTC, ETH thoughts and operational suggestions:

The intraday market has once again drawn to a close! Today, the price repeatedly fluctuated around 62.5k during the day, and finally tore off the disguise in the evening, accelerating downward and breaking through the 61k mark! The previous pattern of slow upward movement from lows has come to an end, and buyer sentiment in the market remains sluggish. However, the more such market conditions occur, the more it tests our composure and execution! Long and short both squeezed, next we just need to patiently wait for a stop-decline signal, and long positions are ready to strike again at any time!

Bitcoin's 4-hour level saw a large bearish candle directly break through the lower band, and a strong oversold signal has been triggered! Previously, after facing pressure at 67k, it oscillated downward. With bears amplifying volume to break through the 61k support, the potential for a rebound repair on the chart is building up frantically! The W double-bottom structure at the 4-hour level has gradually formed. Once the bears encounter resistance, a bottom-finding rebound is imminent! Looking at the hourly chart, the continuous large bearish candles have deeply plunged the price into the oversold zone of the lower band, making the repair demand extremely urgent. Our core thinking for the early morning is very clear: keep an eye on the stop-decline signal and decisively go for a rebound repair!

Bitcoin can go long near 59000, target around 62000; Ethereum can go long near 1550, target around 1650$BTC $ETH #以太坊基金会重组降本