Xiaoyao Kol: Bitcoin Afternoon Market Analysis on June 14

Bitcoin's current daily chart shows that after a surge on June 9, the price has entered a downward trend with fluctuations. Recent candlesticks have displayed consecutive bearish trends, reflecting a weak market sentiment. On the 4-hour chart, signs of a gradual increase in lows have emerged since June 13, but overall, it remains within a significant descending channel. The MACD histogram on the 4-hour cycle continues to show negative values, with both DIF and DEA below the zero axis, indicating that the bearish momentum dominates. However, there are signs of convergence between DIF and DEA, which may lead to a short-term rebound. Currently, the price is below EMA7, EMA30, and EMA120, suggesting that the short, medium, and long-term trends are all leaning towards bearish momentum. EMA7 is exerting pressure on the price, so attention should be paid to its breakout situation. It is recommended to enter a short position at a high level today.

Operational recommendation: Enter a short position for Bitcoin around 105800 to 106300, with a target of around 103500; for Ethereum, enter a short position around 2570 to 2600, with a target of around 2500. This article is time-sensitive, and market conditions are constantly changing. Friends entering the market should focus on real-time guidance: #币安HODLer空投HOME $BTC .