Thursday, 6.5, upward pressure, rebound continues

Yesterday's market for Bitcoin did not show much movement, maintaining a fluctuating rhythm. After a brief rise, the price continued to show a downward trend. Last night, it dropped to the 104100 area before a rebound correction occurred. In yesterday's analysis, the outlook remained bearish, indicating that the market is not strong and there isn't much room for gains. Currently, the market continues to weaken, and the strategy should remain bearish!

On the daily chart, the recent trend shows a downward fluctuation, having previously peaked at 112000 before facing resistance and a pullback. In the short term, the candlestick has again closed with consecutive declines, indicating a clear downward trend. While there are rebounds in a weak market, they ultimately conclude with a bearish trend. Similarly, on the 4-hour chart, after a brief slow rise, the market is heading downward again. In the face of this trend, any rebound is powerless, so in a weak structure, rebounds present opportunities for shorting.

On Thursday evening, it is suggested to short Bitcoin at 105300-105500, with a target around 103000-102000.

On Thursday evening, it is suggested to short Ethereum at 2620-2650, with a target around 2500-2400.