6.6 Morning Analysis

The daily chart shows a generally weak structure. After a previous rise, the price has significantly retraced and formed a wave-like decline. The latest large bearish candle confirms the continuation of the bearish trend and effectively breaks below the important support level of 103000. Although there is a possibility of a short-term rebound after the completion of the second wave decline, the 4-hour chart shows extremely weak movements. Even if a rebound occurs, it is quickly consumed by the dominant bearish force, and the overall downward trend remains unchanged. Therefore, any rebound should be viewed as an opportunity to sell at a high.

Trading Suggestion: Sell around 102000—102500, with a target of 100000—95000

Second Contract: Sell around 2430—2450, with a target of 2350—2300 #区块链 #BTC #比特币 #ETH #以太