Bai Qi & Guan Yu: 6.3 BTC Ether today's latest trend forecast analysis and trading strategy

This article is exclusively analyzed by Bai Qi & Guan Yu Yu, representing the exclusive views of Bai Qi & Guan Yu Yu. We have in-depth research and practical experience in BTC, ETH, and various altcoins. Due to the timing of article publication, the following views and suggestions are not timely and are for reference only. Please bear the risks and indicate the source when reposting. Please control your positions reasonably and avoid heavy or full positions.
BTC
Recent attention: Above the range of 70850-70450, below the range of 67100-66600. Pay attention to the high point of 69000 in the middle and whether it can achieve effective suppression.
Structure form: In the figure, the red price channel line is broken, and the upward slope line 1 is given. The white price line range is the resistance and support range.
Note: Price retracement graph slope line yellow line 1, follow whether the slope line is effective. Also, the acceleration market after the support break of the lower slope line yellow line 1 and the white price line range.
Trading Ideas:
long order: If the 67100--66600 range rebounds without falling below the solid body, go long when a bottom pattern signal is given on the 5-minute or 30-minute chart.
Short order: If there is no breakthrough in rebound near the 69000 level, shorting can be done when a top formation signal appears on the 5-minute or 30-minute chart.
Short order: If the rebound in the 70850-70450 range fails to break through, short it. Short it if there is a top formation signal on the 5-minute or 30-minute chart.
Focus on: The white price line at the top of the chart is 69000, breaking through the white price line at 69000 will give an acceleration trend, touching the range of 70850-70450.

ETH
Recent focus: the range of 3820--3860 above and the range of 3720--3700 below.
Structure form: The red sloping line in the picture breaks through and forms a bottom form. The yellow sloping line 1 in the picture breaks through and successfully retraces the yellow sloping line 2.
The yellow slope line 2 has formed a flat top converging triangle with the upper pressure range.
Note: The yellow sloping line 2 forms a flat convergent triangle with the pressure range above. Pay attention to the accelerated market after the triangle breakthrough and the pullback to the neckline level.
Trading Strategy:
long order: If the 3720-3700 range does not fall below, and a bottom pattern signal is given on the 5-minute or 30-minute chart, go long.
Short order: Short if the rebound in the 3820-3860 range fails to break through. Short if a top formation signal appears on the 5-minute or 30-minute chart.
Key focus: Whether the yellow slope line 2 support is effective, the accelerated market given after the convergence triangle breaks, and the retest of the neckline position.
White line 1, whether the support at 3800 is valid. Can the white price line at 3853 above act as effective resistance?
The analysis strategy is time-sensitive, and the real-time guidance is the most accurate!
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