6.10 Early Morning Analysis of Initial Thoughts
A strong bullish candlestick on the daily chart has effectively broken through the middle track, approaching the upper track pressure, driving the overall trend to show a divergent pattern. This bullish structure has expanded from a smaller time frame to the daily level. The current market shows that bullish momentum continues to spread and has been consolidated after successfully stabilizing above the critical psychological level of 110,000. Considering the technical pattern and momentum performance, the probability of the price continuing the upward trend is relatively high. Therefore, the core operational strategy remains unchanged: primarily looking for buying opportunities after a pullback!
Operational Suggestions
Bitcoin: 109,000-109,500 (buy), target 110,000-120,000
Ethereum: 2,640-2,670 (buy), target 2,700-2,750
