Morning Analysis and Trading Strategy for Bitcoin and Ethereum on June 30

Although life may be difficult to reach absolute perfection, the pursuit of perfection itself is the most vivid interpretation of life's value. In the ever-changing cryptocurrency market, accurately capturing the market trends is also an unceasing exploration towards excellence. Looking back at last night's market dynamics, Bitcoin quickly rebounded after hitting the key support level of 107233, peaking at 108225 during the session; Ethereum also found effective support at 2506 and subsequently surged to a high of 2517, with the trend highly consistent with previous predictions, strongly validating the rebound logic after a technical adjustment.

From a deep interpretation of the 4-hour technical indicators, current market bearish signals are very evident, with overall downward pressure prevailing. The KDJ indicator shows a divergence of the three lines pointing downwards, and the J value is approaching the edge of the oversold area, conveying a strong short signal; regarding the MACD indicator, the dual lines formed a death cross above the zero axis and continue to extend downwards, with the green momentum bars continuously increasing, further solidifying the bearish dominance. Looking at the Bollinger Bands indicator, the price is currently under pressure near the upper band, based on its inertia of operating within the channel, the possibility of a price retreat to the middle or even lower band in the short term cannot be underestimated.

It is particularly noteworthy that current market liquidity is at a relatively low level, which can easily lead to abnormal fluctuations such as 'spike' movements. At the same time, as the month of June comes to a close, institutions may frequently adjust their positions to reallocate their holdings, which could further exacerbate market volatility. Considering multiple factors, the morning market is expected to primarily revolve around corrections today.

Trading Suggestions:

- Bitcoin: It is recommended to set up short positions in the range of 108500-109000, with a stop loss set at 109000 to control risk, and a short-term target price of 106500.

- Ethereum: You may enter short positions near 2520, with a stop loss set at 2550, and target price locked at 2420. It is essential to strictly implement stop-loss strategies during operations and closely monitor market dynamics to guard against potential risks.