◾️6.8 Sunday Early Morning BTC/ETH Analysis

From the market perspective, Bitcoin and Ethereum are showing a steady upward trend intraday. Bitcoin reached a high of 105758 during the session, indicating a recovery signal, while Ethereum followed closely, touching the 2524 line, with limited intraday pullback.

From the daily chart, Bitcoin is still in a medium-term downward channel, with K-line showing a head pattern, continuing to decline after a death cross, operating weakly below the zero axis, always pressured under the middle track of the Bollinger Bands, indicating that the medium-term head pattern strength is dominant. However, the 4-hour trend is quite different, with K-line showing consecutive bullish movements, momentum bars breaking above the zero axis, and the Bollinger Bands opening up, but there is a significant deviation from the upper band, suggesting a potential pullback, still looking for a head pattern in the early morning.

Trading Suggestions:

BTC: Look for a head pattern around 105800-105500

Target 104300-104800 range

ETH: Look for a head pattern around 2550-2520

Target 2430-2470 range