Bai Qi & Guan Yu: 6.9 BTC, ETH latest trend forecast analysis and operation strategy today

—— BTC ——
Recent focus: The range of 70500-70850 above, and the range of 68900-69200 below. The bottom still needs to pay attention to whether the range of 68100-67300 can provide effective support.
Structural Form: The red area at the bottom of the chart shows the bottom pattern. The yellow slope line 2 above has broken through and accelerated downwards. Currently, it is supported by the yellow slope line 1.
Note: If the price falls below the yellow slope line 1 in the chart, pay attention to whether the slope line is effectively supported. Also, the yellow slope line 1 supports the accelerated downward trend after the fall.
Long order: If the 68500-68900 range retracement does not fall below the real body, go long when a bottom pattern signal is given on the 5-minute or 30-minute chart.
Short order: If the rebound entity in the 70500-70850 range does not break through, a top formation signal is given on the 5-minute or 30-minute chart for shorting.
Short order: If the rebound entity in the 72350-74100 range does not break through, a top formation signal for shorting may be given in 5 minutes or 30 minutes.
Key focus: Breaking through the yellow slope line 1 in the chart could accelerate the market, with support at the 68900-68450 range below.

—— ETH ——
Recent attention: the upper range of 3850-3830, the lower range of 3630-3600. It is necessary to pay attention to whether the range of 3720-3740 can achieve effective suppression.
Pattern: After the appearance of the yellow sloping line 1 in the chart, the price accelerated downwards after breaking through the yellow sloping line 1. After the appearance of a Long Wick Candle in the chart, the current candlestick has formed a converging pattern.
Note: Pay attention to the accelerating market after the triangular break and the low point in front of the second test.
Trading strategy:
Long order: If the 3630-3600 range is tested and the entity does not fall below it, a bottoming signal will be given in 5 minutes or 30 minutes for a long position.
Short order: Short if there is no breakthrough in the rebound in the 3720-3740 range, and short if a top formation signal appears in the 5-minute or 30-minute timeframe.
Short: If the rebound in the range of 3850-3830 fails to break through, short it. If there is a top formation signal in the 5-minute or 30-minute chart, short it.
Key points to watch: whether the support level between 3630-3600 is effective, the accelerating trend given after the convergence triangle is broken, and the test of resistance level above during the rebound.

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