June 16 Bitcoin (BTC) Ethereum (ETH) market analysis [BTC ETH weekly trend], including strategy order reference

  1. News Front
  2. The United States is promoting the exchange of information to ease tensions between Israel and Iran.
  3. This week's key events: Monday: US June New York Fed Manufacturing Index; Tuesday: US May Retail Sales MoM, Import Price Index MoM, and Industrial Production MoM; US Senate votes on the GENIUS Act; Wednesday: US Initial Jobless Claims; Thursday: Federal Reserve, Swiss National Bank, and Bank of England announce interest rate decisions, US stock market closed for one day;

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  1. Technical Analysis 【Flatbread】 Since the pullback began in late May, the level of 101000 has not been breached, and this level was indicated by us at the beginning of May. Overall, the trend of Bitcoin is still very clear, with 106000 as the upper bound and 101000 as the lower bound, serving as the fair range for fluctuations. Unlimited accumulation (the synchronous LC will also provide liquidity around the points of 106000 and 101000). If it breaks above 106000, it will test the two points of 110000 and 112500; if it breaks below the lower boundary of 101000, it will continue to retract to test the 97500 level. In a deep pullback, we can see the position of 93500. Many people will want to see 88800, but if you are lc, as a market manipulator, after a rise ahead, it is very difficult to obtain chips at such a low point, not to mention that there are still many snowy chips between 97500 and 93500. Overall, the recent decline in Bitcoin is more accompanied by a tense situation on the margins, until the market can withstand the impact of news and return to its healthy technical trend. For example, the previous tariff turmoil, so regardless of whether there are large black swan events or not, Bitcoin's outlook remains the same, still at the two points we mentioned before, 120,000 - 140,000. As for when 101,000 will break, I think we still have to wait for news intervention, because only with news intervention will 101,000 not have liquidity, and the price can continue to drop to explore lower levels. As for whether it will really drop to 88,800, it is very likely that it will not rise directly, but will be accompanied by a reshuffling at the bottom, referring to the previous 77,700.

Pressure: 106000, 110000 Support: 103500, 101000

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【Two Cakes】 Since the mid-May rebound ended, the second contract has entered a month-long consolidation phase, consistently consolidating with sideways movements instead of declines. Moreover, as early as the beginning of May, we identified 2400 as the key retracement level for the second contract. We can see that 2400 has not been broken and is showing a bottoming upward trend, which indicates that the main force is continuously buying. The lower bound of the recognized fair value area sees large liquidity sweeping purchases each time it reaches this level. This sign is enough to prove that the second pie is always in a healthy trend, and the 2800 is by no means its top this year. But! Once 2400 is lost, then you may see it go to the position of 2200 at a very fast rate, which is very likely to happen, but you can rest assured that this is not a listed company, BlackRock and other main forces are smashing, it is simply LC to clean up liquidity, and from the depth of data, I grabbed a huge pending order of 2250, of course, this may also be a trap for LC, give the pending order data of 2250, and when you wait for that position, quickly cancel the order, Continue to accelerate downwards to knock out the 2250 bamboo shoots, of course, this move must have the premise of big bearishness, otherwise the chips in LC's hands are completely insufficient to play like this. Don't forget, the market is not only LC, retail investors, whales, but also more long-term optimistic investment companies in the crypto market, so I can take the long-term points I give. And then if it really has a great advantage, then 1750 is its last defensive position, and the perimeter line is smashed through here, then we have to re-examine the copycat~

Pressure: 2580, 2750; Support: 2415, 2370

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  1. Trend Order (The following is just a simple trend analysis for reference only, specific data can only be analyzed upon arrival. Please check the pinned post on the homepage.)

eth script 1: buy near 2420 Bamboo shoots: 2379 Stage 1: 2445 Phase 2: 2480 Phase 3: 2540

eth script 2: sell near 2645 Bamboo shoots: 2690 Stage 1: 2620 Stage 2: 2590 Phase 3: 2530

btc script 1: sell near 106500 Bamboo shoot: 107500 Stage 1: 105500 Stage 2: 104500 Stage 3: 103100

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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