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6.25 midday mindset
The current market situation shows that the overall trend of the big cake is still upward, with consecutive positive closures and multiple attempts to test the resistance level at 106800. The needle-shaped K-line formed before can be seen as confirming the support area in the range of 103900-104600 (the first support level). As long as this support area is not effectively broken, we continue to maintain a bullish view. Although Ethereum has experienced a slight pullback, the bullish performance is still strong, and the low point of 2416 in the early morning has not been broken. The small-scale trend has once again turned into a narrow consolidation structure. Taking a comprehensive view, the overall trend is still dominated by the bulls, and the current slight retracement belongs to the normal technical correction category. As long as the key support is held, we continue to be bullish. If the subsequent breakthrough of the key support level is effective, the trend direction will need to be re-evaluated. Please refer to actual operation for specific operations.
Operation suggestion:
The range of pancakes is 105500-106000, look at 107000.
Ether fluctuates between 2410-2430, watching 2500. #BTC