Morning analysis on June 2nd:

The daily chart of Bitcoin showed a technical rebound yesterday after a series of continuous declines, but the momentum is weak, merely a brief respite in a downtrend, and there is a high risk in chasing the rise. The 4-hour cycle is in a fluctuating downward channel, with a continuous pullback following an earlier failed attempt to rise. During this process, multiple rebounds have been intercepted by bears and lost ground. The momentum of this rebound is also weak. Given the continuation of the downward trend in the second wave, it is recommended to maintain the idea of shorting on resistance during the rebound.

Trading advice: Short near 105800—106300, with a target of 104500—103500.

Second Bitcoin: Short near 2540—2570, with a target of 2500—2480. #区块链 #BTC #ETH #以太 #比特币