Daily Market Analysis of the Crypto World (6.2)
Summary:
If the 4-hour chart breaks below 103200, then the white third segment on the 4-hour chart will continue. Even if it continues, as long as the pink daily chart doesn't break below 100600, there isn't much risk. Before breaking below 103000, it's a second buy on the 4-hour chart, oscillating around the range of 103000-106500. Even if it rebounds to 106500, this range is just a downward continuation. The daily bearish target is initially set at the range of 10.6-10.16, where we should see a decent rebound. Subsequently, Ethereum will also lead altcoins to continue their upward correction. The upper pressure is at 106500, while the lower supports are at 103200, 101600, and 100600. As long as it doesn't break below 100600, there is no need to be overly pessimistic.
