June 7 Afternoon Thoughts

Through an in-depth analysis of the market trends, the daily level shows that the recent large Bitcoin price has been oscillating around the 105000 point. It is worth noting that the long upper shadow pattern formed on June 1 visually reflects the strong selling pressure above, suggesting that the bulls face significant resistance in breaking upward.

Switching to the hourly perspective, the price shows a rebound followed by a pullback. Although the current K-line closing price is approaching the previous high area, it ultimately failed to achieve an effective breakthrough, continuing the oscillating pattern. On the technical indicators front, the MACD hourly line continues to operate below the zero axis, with the fast and slow lines gradually converging, and the momentum bars continuously shrinking. These signals indicate that the forces of both the bulls and bears are tending to balance. The RSI hourly value is 55.42, which is in the neutral range and has not yet reached the overbought or oversold threshold, further confirming the uncertainty of market direction. In terms of moving averages, the EMA7 hourly line, although slightly upward, provides some short-term support for the price, but there is still a significant divergence from the EMA30 and EMA120, and the overall weak pattern remains unchanged. Based on the above analysis, for the intraday short-term trading strategy, it is recommended to focus on the breakout situation at the 4-hour resistance level of 107000. If the bulls cannot effectively hold this position, the oscillation downtrend may continue; the loss or gain of the support level at 103000 below is also critical; if it is lost, it could trigger a new round of adjustment.

Large Bitcoin: 102500-104500 buy, target 105000-107000

Ethereum: 2445-2475 buy. Target 2500-2530#科技巨头入场稳定币 #非农就业数据来袭 #​​Metaplanet拟筹资增持比特币​ #特朗普马斯克分歧 #加密市场回调 $BTC $ETH