🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
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📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
6.26BTC/ETH market opinion:
The daily K-line of Bitcoin has seen three consecutive bullish candles. Yesterday's pullback did not break below the support of the daily K-line's middle band. The market is fluctuating with frequent tests, making short-term trading difficult to control. The market structure is not improving; whenever I think about the structure, profits are given back, leading to being stuck in positions. The resistance above is also quite obvious, with a double top at the 108800 level on the 4-hour chart, and the upper resistance of the daily K-line at 110000. The price is currently testing the upper resistance of the 12-hour chart. The MACD on the 4-hour chart has been contracting, indicating that in this high position, one should not be overly bullish, nor chase after rising prices. It's not about being afraid of heights, but rather the closer one gets to the previous high points, the more cautious one should be in going long. If the highs cannot be broken, the pullbacks can be quite aggressive, making it easy to get trapped.
Bitcoin is still looking for a pullback to the upside today, with resistance at 108000, 109000, and 110000 above. Position to short in that area and aim for targets down at 107000, 106000, and 105000. A break below 105000 will open up shorts, leading down to the 103000 and 101500 lines.
Ethereum is indeed restless. Yesterday it dropped from 2480 to around 2388, and now it has pulled back up to around 2498, fluctuating back and forth. The upper pressure is at 2520 and 2560. Short positions should be entered and waited around here, with targets looking down at 2400, 2360, and 2310. Only if it breaks below 2310 can it accelerate downwards towards 2230 and 2190.
The market volatility is quite large and fast, so it is essential to strictly control your positions. Do not chase the ups and downs; otherwise, it may feel like you are being targeted, getting washed back and forth. The above views represent personal opinions and may not be correct, so please refer to them cautiously and ensure you have your own independent judgment!