Brother Tong's 6.27 Thoughts

$BTC Enter short near 605-610, stop loss above 615, first target 590, second target 580
$ETH Enter short near 1590-1610, stop loss above 1630, first target 1550, second target 1500

Previously, after breaking below 590, the lowest hit was around 580. Brother Tong said at that time: the 600 area will shift from support to resistance. Although the price has bounced back now, it still hasn't truly escaped the suppression of this area.

This kind of movement still has a familiar feel. Drop a bit, bounce a bit; after the bounce, go test lower levels. What shorts like most is not a continuous drop, but drops and bounces that make people feel hopeful, and then take that hope away.

Don't rush to change your outlook just because the price has returned to the 6-handle area. Real strength is not about bouncing back, but about being able to hold key levels. If it cannot hold, the bounce is just a bounce#BTC下探60000美元关键关口