Yueying: Bitcoin and Ethereum Market Analysis (June 26-27): Will the Price Continue to Fall After Technical Adjustment? (Short-Term Strategy Included)

Bitcoin's daily chart shows a break below the previous low, touching 58,000 before rebounding. Intraday trading continues with weak consolidation around the lower Bollinger Band. The Bollinger Bands are widening, and short-term moving averages are trending downwards. The MACD fast and slow lines are converging downwards with decreasing volume. The KDJ indicator is turning upwards; watch for support near the 0 level. The VR indicator is consolidating around 30. On the 4-hour chart, the price found support near the lower Bollinger Band and rebounded, currently trading above the 7-period moving average. The Bollinger Bands are trending downwards parallel to the short-term moving averages. The MACD fast and slow lines are turning upwards again with decreasing green volume. The KDJ indicator is turning upwards; watch for resistance near the 50 level. The VR indicator is consolidating around the 50 level. Overall, the market movement is in line with expectations, with support holding. The price has rebounded again, but the rebound strength is limited. There are currently signs of a temporary halt to the decline, but a rebound is not a reversal. Indicators need correction after a sharp drop, so the low point can be used as a support reference in the short term. As long as the pullback doesn't break this level, you can go long. With the weekend approaching, Yueying continues to favor a weak rebound. The short-term resistance level to watch is around 62000, and the support level is the previous low. See short-term suggestions. Bitcoin short-term suggestions: Buy at 58800, Sell at 61500 (Take profits as needed). Ethereum's intraday market is weak and oscillating upwards, with limited volatility. The overall technical trend on the daily and four-hour charts can be referenced in tandem with Bitcoin. The short-term support level is around the previous low, and the resistance level is below 1680. Watch the range over the weekend; if it breaks, then adjust accordingly. See short-term suggestions. Ethereum short-term suggestions: Buy at 1530, Sell at 1630 (For more cryptocurrency analysis, click the image to see the homepage introduction and find Yueying). — I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading strategies or market trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!