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#Gate ETH 挖矿年化收益 5%# Morning market overview on 18.6: BTC daily chart second test 11.2
BTC opened the day with a long lower shadow candlestick, indicating strong bearish pressure, suggesting to short on rallies.
Last night, after the US stock market opened, BTC fell sharply with volume, followed by a rebound with little volume. It is once again facing the resistance neckline at 11.4. Will it touch the top and fall back again or break through and rise directly? It feels like the correction is not yet in place, and there is a possibility of a second test at 11.2.
Wait for a breakout on the right side after 11.4, then short when it dips back, with a buy-in at 11.5 and a stop at 11.56, targeting around 11.28 and 11.2; conversely, if it breaks above 11.4 and stabilizes, go long with a stop at 11.3 and targets at 11.5 and 11.56; low buy at 11.26, with a stop at 11.2, targeting 11.4 and 11.5.
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