Analysis of the latest Bitcoin market on Thursday, June 5:

Looking back at the midnight market, Bitcoin is in a volatile downward trend. After touching the 104,350 line, it was bought. Ethereum continued the evening correction trend, and the price once dropped to the 2,596 low point.

From the 4-hour K-line chart, the market trend shows obvious characteristics of the evolution of the volatile pattern. The price fluctuates regularly in the rising channel formed by the middle track and the upper track. Every time it touches the upper track, there will be a technical correction, and when it drops to the vicinity of the middle track, it can get effective support. This orderly channel operation is gradually broken, and the market begins to play a long-short game around the middle track of the Bollinger band. The current market shows that the price has continuously formed a combination of alternating yin and yang candlesticks near the middle track. Recently, a hammer line with a long lower shadow appeared when it probed the middle track, indicating that there is a strong buying support at the key support level. The DIF and DEA lines of the MACD indicator continue to narrow above the zero axis, and the red kinetic energy column shows a step-by-step decay, suggesting that the market is accumulating new breakthrough momentum and continues to maintain a bullish trend in the morning.

Bitcoin: 104400 can be long near the short-term target of 106000

Ethereum: 2595 can be long near the short-term target of 2780#我的COS交易 #币安钱包TGE #Circle扩大IPO规模 #美国加征关税 #币安Alpha上新 $BTC $ETH $XRP