6.5 Cryptocurrency Mr. Coin: Bitcoin (BTC) Market Analysis Reference

Yesterday's Bitcoin market surged and then retraced, with the price rebounding near the 106000 level in the evening under pressure, followed by a downward trend. Currently, it has pulled back again to the 104100 line and is showing a rebound. Overall, the market is maintaining a wide range of fluctuations, but the range has shifted downwards, with the current price operating around 105000.

From the daily chart perspective, the market has rebounded multiple times but has not stabilized at the 106000 line. The price has broken down again, leading to further declines. Currently, the Bollinger Bands are narrowing, with the Bollinger middle line forming resistance near the 106700 line and slowly moving upwards. If the market cannot achieve a strong rebound today, there is a possibility of further declines in price.

From the short-term hourly chart, the Bollinger Bands are also narrowing, with the price retracing and operating in the lower middle band area. The short-term trend is under pressure at the 105500 level. Although it briefly reached the 1041000 line and showed a rebound, long upper shadows frequently appear above, indicating that the market is under pressure. If it cannot break and stabilize above 105290 in the short term, there is still a possibility of a pullback, so be cautious of further declines in price. Resistance above is at 105800 and 106700, while support below is at the 1035400 line. It is recommended to short at high prices and go long at low prices.

6.5 Bitcoin Short-term Reference:

Light Short Position 105800-107000, stop loss at 108800, take profit target below 104000,

Long Position 103500-102500, stop loss 500, add at 101500, target above 104500,

6.5 Ethereum Short-term Reference:

Short Position: 2625-2685, stop loss at 2750, target below 2580,

Long Position: 2505-2555, stop loss at 30 points, target above 2600,

There may be delays in sending articles; strategy suggestions are for reference only. The market changes rapidly; regardless of how high the judgment of the market is, always manage your take profit and stop loss well to secure your gains. #BTC #BTC走势分析 #ETH #ETH🔥🔥🔥🔥🔥🔥 #美国加征关税