June 17 BTC/ETH Market Morning Report -- Rushing higher again pulls back, the 65,500 level below remains a key threshold Yesterday, Bitcoin surged to around 66,976, then pulled back to about 65,300, perfectly aligning with yesterday’s short position near 66,800. Ethereum surged to around 1,839 yesterday before starting to retreat to 1,760. The short positions around 1,820–1,850 also had good profit margins. For friends who entered based on yesterday’s strategy, it’s recommended to take partial profits when reaching targets. Take profits promptly when in the money; don’t be too greedy. Preserving profits in this market is more important than anything! Today’s outlook remains unchanged: high short positions. The Bitcoin daily moving averages are in a bearish arrangement. Recent rebounds only touched the 21-day moving average before falling back again. Without substantial positive news, it’s difficult to break through upward. The four-hour MACD shows a death cross with the fast and slow lines diverging downward. The red energy bars continue to expand, indicating increasing bearish momentum. In plain language: bears currently hold the upper hand. Bulls need to put in more effort to turn the tide. The price is hovering near the middle Bollinger Band. The 65,500 level provides some support; if broken, a new downward space will open. For specific trading, it’s recommended to refer to the resistance levels below for short entries. Above, resistance levels are around 66,900–67,400–68,500; support levels are near 65,500–64,500–63,200–62,222. Ethereum’s resistance is around 1,830–1,908; support levels are near 1,750–1,680–1,640–1,580. The above views are for reference only. Remember to manage risk carefully, trade with a small position size. Entry and exit points may vary: Bitcoin ±100 points, Ethereum #我的Gate交易时刻 ±5 points.

This one is out, the market immediately stops acting bullish! 📉🔥 A few days ago, before bed, I was watching $PEPE , it was still high, pretending to be strong, pushing up and softening down, volume couldn't keep up, resistance above was always there, no matter how you look at it, it didn't seem truly strong. While everyone was still watching, I saw PEPE's every rebound was short-lived, clearly lacking support, the temptation to trap more buyers was getting stronger 👀 I immediately suggested following the bearish rhythm, opening short positions without hesitation. Now from 0.000003632 to 0.000002989, this wave has gained +1254.22%, it feels really good 🎯💰 It was annoying to grind through earlier, but coming out now feels really satisfying. This is the rhythm. Don’t get emotionally attached to profits. On my side, I’ve closed 80% of the position ✅, the main part is pocketed, the remaining 20% is for cost price protection 🛑 If it continues to drop, let the profits run, and don’t disrupt the rhythm when it rebounds. If you missed out, don’t chase ⚠ Chasing can easily mess with your mindset, wait for a clear signal next time, wait for a pullback confirmation, and see the next move after the new structure forms 🔔 ‍$BTC $ETH

The last look before bed was still grinding, waking up and directly cashing out the short! 🚀📉 This wave $CHIP looks sudden, but actually the signs were there a few days ago, with no volume on the rise, no one taking the bait as it surged, the higher it went, the more shaky. Before the market fully activated, I watched CHIP's rebound rhythm and found that it wasn't strong, just holding on. 👀 The resistance above was never broken, so I shorted around 0.04981, avoiding chasing that false surge. Now the price has come to 0.03559, with a profit of +1374.83%. 🔥💰 This profit feels good, after the grind earlier, once the direction is clear, it’s very decisive. When it’s time to take profits, don’t pretend to be calm. Don’t greed for the last bit. I’ve closed 80% here, leaving 20% at cost to protect. ✅🛑 If it continues to drop, let the profits run; if it rebounds, don’t give the profits back. If you missed it, don’t chase; chasing can mess with your mindset. ⚠️ Wait for a clearer signal next time, wait for a pullback confirmation, there will be more opportunities, don’t rush into reckless moves. 📌 ‍$BTC $ETH