6.16 Morning Market Analysis:

After weekend market fluctuations, the movements of Bitcoin and Ethereum show significant correlation. Bitcoin experienced a slight decline in the early hours, rebounding after hitting a low of 104,399, currently fluctuating around 105,500; Ethereum surged to 2,559 but faced resistance and retreated.

From a four-hour perspective, both maintain a low-level sideways trend, with the Bollinger Bands narrowing, and both bulls and bears are in a stalemate. Prices are under pressure at the Bollinger middle band, and the moving averages indicate a bearish arrangement. In the short term, if Bitcoin cannot effectively stabilize above 106,300, the bears will remain dominant, and the subsequent rebound space may be quite limited.

Bitcoin range 105,400-105,900, target downward to around 103,100-103,600

Ethereum range 2,550-2,580, target downward to around 2,410-2,440 #以色列伊朗冲突 #MichaelSaylor暗示增持BTC #特朗普比特币金库 #美国加征关税 #卡尔达诺稳定币提案 $BTC $ETH