June 6th, KONGGU: The trend is in another round of fluctuation, where will it go in the future?

CN
6 months ago

2024.06.06 Thursday

Trend in another oscillation, where will the future be?

① 19:30 US Challenger Layoffs in May

② 20:30 US Initial Jobless Claims for the week ending June 1

③ 22:00 US May Global Supply Chain Pressure Index

  1. Daily line: After testing the position around 60,000, the price has been oscillating above this level, and a subsequent pullback without breaking this position is still an upward trend.

  1. 1-hour chart, after a short-term breakthrough above 70,000, the price continued to rise, and there is still a trend of further increase if a subsequent pullback does not break this support.

II. Ethereum

  1. Daily line: After oscillating and testing the position around 3,100, the price rose again, and a subsequent pullback without breaking this key level is still an upward trend.

  1. 1-hour chart, after a short-term breakthrough above 3,750, there was some adjustment, and there is still a trend of further increase if a subsequent pullback does not break this support.

I. Bitcoin

  1. Yesterday's view:

Summary: After a short-term breakthrough above 70,000, the price continued to rise, and there is still a trend of further increase if a subsequent pullback does not break this support. Resistance above is at 74,000 and 76,600; if it breaks below, it will initiate a pullback trend, with support below at 67,000 and 64,500.

  1. Future trend:

The future trend rebounded after not breaking the position around 70,000, reaching a high of 71,824.

II. Ethereum

  1. Yesterday's view:

Summary: After a short-term breakthrough above 3,750, there was some adjustment, and there is still a trend of further increase if a subsequent pullback does not break this support. Resistance above is at 3,980 and 4,140; if it breaks below, it will initiate a pullback trend, with support below at 3,600 and 3,450.

  1. Future trend:

The future trend rebounded after not breaking the position around 3,750, reaching a high of 3,892.

I. Bitcoin

Summary: After a short-term breakthrough above 70,000, the price continued to rise, and there is still a trend of further increase if a subsequent pullback does not break this support. Resistance above is at 74,000 and 76,600; if it breaks below, it will initiate a pullback trend, with support below at 67,000 and 64,500.

II. Ethereum

Summary: After a short-term breakthrough above 3,750, there was some adjustment, and there is still a trend of further increase if a subsequent pullback does not break this support. Resistance above is at 3,980 and 4,140; if it breaks below, it will initiate a pullback trend, with support below at 3,600 and 3,450.

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