6.13 Initial Analysis in the Early Morning
The current negative atmosphere still exists, yet an unexpected rebound has occurred. The morning market is in a high-level fluctuation within the cycle, with bulls still dominating. After a rapid rise in the short term, strong resistance was encountered at 108500, accompanied by shrinking trading volume and stagnation. Two clear short-term peaks have formed, initially constructing a technical prototype of a double top reversal pattern. The current price remains within a high-level fluctuation range and cannot break through, so we will look for a correction in the early morning.
Operation Suggestions
Bitcoin: Short at 107800-108400, target 106000-107000.
Ethereum: Short at 2740-2770, target 2670-2700.