6.6 Morning Analysis

Currently, the focus should be on the support at the 100,000 mark. The daily Bollinger Bands have not shown a significant breakout, with the lower band providing some support; the Asian session is mainly focused on adjustments. However, the market has shown a downward trend, and it is recommended to operate in line with the trend. In the four-hour chart, three consecutive bearish candles have opened the Bollinger Bands, and although there is a bullish candle for correction, the strength is insufficient, and the market may maintain bottom oscillation. Given the difficulty of predicting the bottom in the cryptocurrency market, it is advisable to postpone bottom fishing and make decisions after stabilization; seizing the moment is more important.

Current price of Bitcoin is 102k-102.6k short, target downward to 100.5k-99.8k $BTC

Current price of Ethereum is 2430-2470 short, target downward to 2250! $ETH