6.3 Early Morning Analysis of Zesi's Thoughts
Looking back at the strategies from the past two days, U.S. stocks opened high, while Bitcoin continued to decline, dropping from 108900 to 103400 in these two days. From a technical perspective, there have been three consecutive bearish candles on the daily chart, the upward momentum of the Bollinger Bands has started to slow down, and the KDJ and MACD indicators are diverging downwards. Trading volume is gradually increasing, with bearish sentiment prevailing on the daily chart. However, there is continuous inflow of funds into the spot ETF market, coupled with the strength of U.S. stocks and the possibility of interest rate cuts in June, so the overall trend remains bullish!
Bitcoin: 103200-104000 range, target 105000-106000
