6.16 Monday Bitcoin Morning Market Analysis

The weekend volatility wasn't very large. Last night, there was initially an upward movement, reaching a high of around 105800, followed by a downward trend, with a low around 104400 before rebounding. Currently, it is operating around 105500.

Today, Bitcoin has not stabilized above 106300, and the trend remains unchanged. There has been no further breakout in either direction, and the resistance on both sides has appropriately narrowed to confirm the future direction of the market. This morning, the focus remains on the higher trend.

Bitcoin: Range of 106000-106500 with a target looking at 104000-103500

Ethereum: Range of 2570-2600 with a target looking at 2480-2430