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#分享美股交易赢英伟达股票 June 8th Cryptocurrency, U.S. Stocks, Market Analysis ‼️
【U.S. Stocks】
Watch for tonight’s recovery in major tech stocks; pre-market gains are not a good sign, be cautious of reducing positions when the market opens and consider taking some profits, watch out for risks.
There’s a higher chance of a pullback. After two consecutive bearish candles, observe the strength of the rebound; if there’s further decline today, it could be a good buying opportunity, as rebounds usually follow.
【BTC Bottom-Fishing Trilogy】
1. Check daily chart to see if new lows are being made.【Satisfied, focus on Monday】
【Saturday’s low-volatility: BTC: 59,130.19 ETH: 1,505.68, no new lows】
2. The key support levels need to be round numbers.【Not satisfied, no round numbers】
【No round numbers】
3. Watch for the formation of bottom reversal patterns on the 12-hour chart.【Satisfied】
【No reversal pattern appears】
These three points (2/3), continue to wait. During pullbacks, consider adding some positions; a false break below support is likely.
Conclusion【Consolidation and pause】
Strategy: ✅Focus on the repeated tests on Monday✅
1️⃣ Major Market 【BTC ETH】Current key support levels:
Near the bottom zone, a sharp surge is unlikely; the bottoming process with consolidation and accumulation should be completed this week. Avoiding a sharp drop is a victory.
【BTC】Long
Open: Around 60,000, a break below is also a false break, start accumulating some positions.
Stop loss: 55,000
Take profit: Hold for now
【ETH】Long
Open: Around 1,600, a break below is also a false break, start accumulating some positions.
Stop loss: 1,385
Take profit: Hold for now
【BTC】【ETH】Watch BTC: 59,000, 58,000, 55,000; ETH: 1,500, 1,450—declines are narrowing near the bottom zone.
If this helps you, please give Brother Qiang a like 👍 and follow.
All opinions are personal views only.
Not investment advice, DYOR.