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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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Market analysis and trading suggestions for Bitcoin (ETH) on June 24 evening.
Reviewing yesterday's advice on Bitcoin ETH, everything has arrived as scheduled, and our short positions on the Silk Road have also been perfectly fulfilled. Today, looking at the four-hour chart, the candlestick recently showed a strong bullish breakout past the 104000 level, peaking at 105800 before retracing, forming a candlestick with a long shadow, indicating selling pressure in the 105000-106000 range. Although bullish momentum currently appears strong, the upper Bollinger Band has formed significant resistance, limiting further upward movement in the short term. From the hourly chart perspective, the MACD continues to show a death cross above the water, with bearish volume bars consistently increasing. The suggestion for today remains high short on the Silk Road.
Operational Suggestions:
The target for the pancake is around 104500, within the range of 105200-105600.
ETH 2410-2430 range K-line, target around 2350.
#BTC# #ETH# #GateioInto11# #PI#