◾️6.5 Thursday Early Morning BTC/ETH Analysis

From the current market perspective, yesterday's daytime prices showed a bullish trend; however, the ADP employment data released in the evening was below expectations, which led to a significant decline in U.S. stocks after opening lower. Although there was some rebound afterward, the bullish momentum was clearly insufficient, (Aunt) although it briefly made a rebound of 2678 points to test the upper resistance, it failed to break through successfully and quickly showed a downward trend. In the short term, prices are still operating within the original range, and it is expected that there is a high probability of maintaining a volatile pattern in the future.

From the four-hour view, the Bollinger Bands have narrowed and flattened again, encountering strong resistance after touching the upper middle line. Considering the recent frequent market news, market sentiment is relatively cautious. Overall judgment suggests that future operations should focus on a high strategy, paying attention to the breakthrough situation of the upper resistance level. If it cannot break through effectively, the possibility of a volatile downward trend is quite large.

Operation Suggestions:

BTC: Around 106000-105500 range

Target: Around 103300 - 103800

ETH: Around 2680-2650 range

Target: Around 2590-2560