6.14 Saturday, Latest Bitcoin Market Analysis
In the early hours, the Bitcoin price dropped to around 104600 before stabilizing, and the market is now experiencing a rebound and recovering. Currently, the price has returned to around 105600 and is undergoing a consolidation phase. Ethereum also saw a minimum drop to around 2500 and has held its ground. The market is now seeing bullish recovery, and the bears have not provided further downward movement, indicating a potential trend reversal.
From the current market perspective, the four-hour chart shows a low-level sideways consolidation. As the Bitcoin price gradually stabilizes above the 105500 line, there are opportunities for recovery. Overall, the structure shows a step-up trend, and there are signs of divergence in the indicators. The fast and slow lines are also gradually approaching the zero axis. With the weekend approaching, the market may slow down, and in the short term, a low bullish strategy is advisable. The focus for Saturday and Sunday will be on a consolidation strategy, with resistance at the 106300 line above.
Bitcoin can be bought near 105000, targeting around 106300. Ethereum can be bought in the 2530-2550 range, with key resistance at 2600. #加密市场回调 #以色列伊朗冲突 #币安HODLer空投HOME #美国加征关税 #X平台封号 $ETH $BTC $XRP